| Financial Information:
The Resident/Patient or applicant, or the legal
representative must disclose to the Iowa Veterans Home all sources of
income, such as pensions, social security, private or government
annuities, rents, farm income, interest, etc. Assets, such as
cash, bank accounts, savings and loan accounts, bonds, real estate and
investment, must be listed. The value of the applicant's homestead
(as defined in the IAC) must be shown; however, it is not counted as an
asset and can retain its exempt status providing conditions are met as
referenced in the Iowa Administrative Code. Failure to make
complete and accurate disclosure of income and assets is grounds for
dismissal from the Home.
Health and Nursing Home Insurance:
All applicants shall inform the Veteran's Home of any
health or nursing home insurance coverage and shall apply for Medicare
if not already covered by that program. The Veterans Home will pay
the Medicare premium upon billing by Social Security
Administration. The applicant will be responsible for payment of
any other premiums. Any insurance payments shall be applied toward
the cost of medical care before the Iowa Veterans Home funds are
expended. |
