The cost of nursing home care in Missouri averages $7,000 per month. Home health care can cost even more depending on the number of hours and the level of care that a person needs at home.
A family’s life savings can easily be spent in a matter of months when a family member needs long-term nursing home care or home health care. The loss of life savings and even the family residence can have a devastating financial and emotional impact on the entire family.
Medicaid (MO HealthNet) laws are very complex and constantly changing. With knowledgeable legal assistance, it is possible to preserve all or part of your life savings, the family home, and other assets and still qualify for Medicaid (MO HealthNet) even if you or your loved one are in a nursing home.
Eligibility for Medicaid (MO HealthNet) must be established before coverage is approved by the Missouri Department of Social Services. In the absence of legal documents carefully prepared specifically to your needs, Medicaid (MO HealthNet) will require you to privately pay for your own health care until all of your assets are liquidated.
Our experienced elder law attorneys in St. Louis and Clayton, MO can assist you with the Medicaid (MO HealthNet) application process so you can care about what is most important – the well-being of your loved one.
While you might think that you can save money by applying for Medicaid (MO HealthNet) alone, you should understand that this is a complex topic with a lot at stake for you and your family. There are hundreds of rules and they vary from state to state and even county to county in many instances. It is extremely important to understand the process. The difference could mean a savings of hundreds of thousands of dollars of nursing home costs.