The nursing home wants all kinds of financial information. Why? Should I give it to them?
Answer: The nursing home (or the hospital as part of its discharge planning to assist you in entering a nursing home) needs financial information so they can determine whether you will qualify for Medicaid benefits if necessary. Medicaid generally pays the nursing home for patients who are there for a long period of time. The nursing home needs to know whether you have the ability (if you do not qualify for Medicare or Medicaid benefits) to pay them from your personal funds or private insurance. They are not being nosy. You should give them this information to speed up your admission to the nursing facility.