On behalf of my father who is 90 years old, I would like to know what rights my father has to owning property while being considered for skilled nursing care. A year ago he was living in his home when he suffered some kind of blockage in his bowels and was sent to a hospital for evaluation. To elinimate the condition after some time of evaluation, he received an illiostomy. By last December he was transferred to an aissistance living facility.
However due to numerous visits to a hospital for aspiration issues from choking on food he had exhausted his Medicare Acute care days (100 days). By last June acting as his Power of Attorney (Attorney in Fact) for both financial and healthcare issues, I transferred him from a hospital in Indiana (same state as his residence then) to a VA facility near Pittsburgh, PA under Palliative care facility.
In each case some form of skilled nursing care was considered yet due to his ownership of property (home), financial accounts in excess of $1500, whole life insurance policies that he does not qualify for Medicaid care without losing control of said property.
It has now been determined that his medical condition has stabilized and no longer qualifies for Hospice or Palliative care in either VA or Skilled Nursing facilities without the loss of this property.
I just would like to know if at this point is their any protection that can be done to either his real estate or his policies or IRA that would protect these items were skilled nursing care to be an option. At the moment we are considering Home Hospice as the only option to protect his assets. He is not wealthy by any means yet is slightly more than destitute or a pauper, so claiming these assets seem ok by the government even though there are beneficiaries or will intructions to consider on these assets.
What can our family do?