Medicaid for Pennsylvania Long-Term Care Facility Residents. 1800 Grindley Park Street Suite #6 Dearborn, Michigan 48124 313.563.4900 9853 Old Perry Highway Wexford, Pennsylvania 15090 412.364.8600. John B. Payne, Attorney www.law-business.com Nancy Rupert www.elderadvice.com.
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1800 Grindley Park Street
Dearborn, Michigan 48124
9853 Old Perry Highway
Wexford, Pennsylvania 15090
John B. Payne, Attorney
Gifts subject to five-year look-back.
Penalty begins when donor is otherwise eligible for Medicaid.
Rosco, a widower, is in good health when he gives his grandson $25,000 for college. He keeps $75,000 in savings. Three years later, he suffers a stroke and enters a nursing home at $6,500 per month. Four years and three months after the gift, he runs out of money. He cannot get assistance for a number of months. Divide $25,000 gift by average cost of private-pay care in a nursing home.
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