AMERICANS have been warned “to be on the lookout” for nursing homes stealing stimulus checks from the elderly.
The Federal Trade Commission (FTC) issued an alert on Friday after receiving reports of nursing homes pocketing the coronavirus payments of residents.
Nursing homes have been stealing stimulus checks of the elderly[/caption]
The FTC said some nursing homes and assisted living facilities have illegally taken the checks, saying they have the right if a resident is on Medicaid.
“But here’s the deal: those economic impact payments are, according to the CARES Act, a tax credit,” a blog post by the FTC explained.
“And tax law says that tax credits don’t count as ‘resources’ for federal benefits programs, like Medicaid. So: when Congress calls these payments ‘tax credits’ in the CARES Act, that means the government can’t seize them.”
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The FTC urged Americans to “be on the lookout” and check in with any elderly or vulnerable family members living in nursing homes and assisted living facilities.
Anyone who has had their stimulus check, or a relative’s, taken by a nursing home, should file a complaint with their state attorney general, then file a report with the FTC.