Medicaid can pay for long-term care if you meet its means-testing restrictions. The federal-state program is designed to help only people of limited financial means. However, people with more ...
Long-term care costs like nursing home care can quickly drain retirement savings. Medicare provides little help paying these bills, but Medicaid can cover nursing home costs for those who meet strict ...
Since Maggie is in her 60s and still working, it’s unlikely she would meet the requirements for undue hardship if the state ...
When planning for the cost of long-term care, it is possible to preserve your estate for your children or other heirs while still relying on Medicaid to pay for your long-term care in a skilled ...
The Medicaid asset "spend down" refers to divesting yourself of assets so you can qualify for Medicaid to pay for nursing home costs. One of the fastest ways to spend down assets is to self-pay ...
Q. Without long-term care insurance, in addition to potentially depleting one's savings, are other assets, like one's home, also at risk should funds be needed to pay for long-term care?-- Planning ...
Q. Is it possible for a married couple to somehow separate their assets so that if one of them ends up in a nursing home, the other's assets will not be tapped? Or are there other legal solutions to ...
On February 23, 2014, the Centers on Medicare and Medicaid Services released a State Medicaid Directors Letter analyzing the application of Medicaid liens, estate recoveries, transfer-of-asset rules, ...
States can force families to repay benefits as part of Medicaid estate recovery Repayment is more than 20 years old%2C but received new attention with Affordable Care Act More people with homes and ...
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