It is important for seniors to know eligibility requirements for Medicaid because many seniors will need to successfully apply for Medicaid coverage to get nursing home care paid for. As you get older, your chances of needing care in a nursing home rise.
Unfortunately, Medicare only pays for skilled care, such as when you’ve had surgery and must have the bandages changed by a nurse. Outside of these circumstances, Medicare provides no coverage for nursing homes. Most seniors don’t need skilled care in a nursing home setting but instead move to a home because they can’t live alone due to medical conditions like dementia or simply due to old age.
When a senior needs to move into a nursing home due to old age or infirmity, the senior needs custodial care. Medicaid will pay for custodial care for eligible seniors even while virtually no other insurance will. Seniors thus need to know if they’re eligible for Medicaid so they can take advantage of the benefits if they are and so they can try to make a plan to become eligible if they aren’t.