Stimulus check warning: Nursing homes are stealing residents' checks, FTC report says

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Stimulus check warning: Nursing homes are stealing residents' checks, FTC report says
France Dernières Nouvelles,France Actualités
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Nursing homes have no claim to their residents' stimulus checks, but that hasn't stopped some facilities from trying to take them anyway.

Nursing homes have no claim to their residents' stimulus checks. That hasn't stopped some facilities from trying to take them anyway.

The Federal Trade Commission reported that that nursing homes in several states are requesting residents sign over their stimulus checks. The facilities may say they get to keep the payment if a patient is on Medicaid, which isn't true, said Lois Greisman, the FTC's Elder Justice Coordinator.Here's why: The stimulus checks are considered tax credits per the CARES Act, which is providing economic relief to people and businesses.

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