Dad is currently on Medicaid to cover NH. My dad is currently in the hospital fighting for his life & I am trying to prepare & understand if something were to happen to him. He was receiving Medicaid to cover his nursing home costs. I know I was told that I would have to sell his home if something were to happen to him but what about his life insurance policy does the state get that too? or does it depend on how much the policy is actually worth? Also he has money a Little bit of money in his bank account does the state get that too? In PA.
https://www.agingcare.com/articles/life-insurance-medicaid-eligibility-150880.htm
Anything remaining in your father's estate will be subject to Medicaid recovery. This, of course, does not include personal items in the home that do not have substantial value.