Financial Planning Report

Be sure and have medical and general Power Of Attorney filled out and keep copies.

Many of the agencies including Medicare and Medical (and even some utilities, etc.) will not talk to you if you are not authorized and once your person cannot sign for themselves or speak you it will be more troublesome to get the documents created that you need. Fortunately, my mom was on top of it all.

In addition, she had this figured out: If you are low income you can qualify for Medi-cal. Right now it’s $1161 per month for one person. She was just over that but listen to this; she purchases a qualifying deductible insurance policy that allows her to get Medi-cal.

So what this means is that my mom will have only $35 per month income from here on out and in order to keep her qualified in the Medi-cal system we will have to pay out of pocket $225 per month for a supplemental insurance policy that picks up a small percentage of costs for medical items. Sounds like a bargain when you consider the cost of a room at SNF is $6000 per month.  

Here is the number of a very valuable resource: Consumer Center for Health Education that helps with Medi-Cal & Medicare questions. 877-734-3258