Relying solely on this information is not recommended. You and your spouse live with your adult child who is disabled. Then, your spouse becomes ill serious enough to need long-term nursing home care. You are filled with anxiety. Now, you have a new, more immediate, worry.
Nursing homes are expensive.
For many people of modest income and resources, Medicaid eventually helps pay the nursing home bill. Although your spouse may enter the nursing home as a private pay patient, the cost can quickly erode a lifetime's savings. Medicaid rules specify that some income and assets continue to be available to the spouse living at home. Your spouse's available income is used to pay the nursing home bill. If your spouse's available income is inadequate, then Medicaid picks up the difference.