The Bid Bond prequalifies the principal and provides the necessary security to the owner or general contractor, or âobligeeâ, guaranteeing that the principal will enter into the contract, if it is awarded.
Personal funds. Nursing Homes. Some people enter a nursing home as private pay residents, using a combination of resources to pay their expenses and eventually spend down their resources and meet the requirements for Medicaid to pay for care. Some nursing homes require payment upon admission. If a resident pays for nursing home care with personal funds and depletes their resources, they may then qualify for Medicaid. In such cases, the state of Texas reimburses the nursing home for up to 3 months before Medicaid approval. The nursing home then refunds personal payments according to specific time limits.
Overview. Attendant care costs, including those paid to a nursing home, can be used as medical expense deductions on your tax return. To claim these expenses, you need to include a detailed statement of the nursing home costs.Only the portion of your monthly bill used to pay attendant care salaries can be deducted.Rent and administration salaries are not eligible. You also need to complete Forms T2201A and T2201B (to be completed by a qualified practitioner) to claim attendant care costs.nly the portion of your monthly bill used to pay attendant care salaries can be deducted. Rent and administration salaries are not eligible. You also need to complete Forms T2201A and T2201B (to be completed by a qualified practitioner) to claim attendant care costs.