Can My Father Cash in a Life Insurance Policy Without Affecting My Mother's Medicaid?
My mother is in a nursing home here in California and is on Medi-Cal (Medicaid). My father...
Read moreAlthough I can’t be sure about the rules for all states, where I practice in Massachusetts the cash value would be countable. It also depends on what the cash value is. For details on the general rules regarding the effect of life insurance on Medicaid eligibility, click here.
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My mother is in a nursing home here in California and is on Medi-Cal (Medicaid). My father...
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