Medicaid Rules

For many Medicaid applicants, individual retirement accounts (IRAs) are one of their biggest assets.

If you transfer assets within five years of applying for Medicaid, you will likely be subject to a period of ineligibility. There is an exception, however, if enforcing the penalty period would cause the applicant an "undue hardship."...

A federal appeals court has ruled that Medicaid officials must accept applicants' short-term annuities, providing more certainty for Medicaid applicants' use of this important planning tool. ...

The U.S. Supreme Court's recent ruling on marriage equality means that gay couples living in states that previously did not recognize their marriage will now be covered by Medicaid’s spousal impoverishment protections and asset transfer rules.  ...

The minimum amount of monthly income that a community spouse (the spouse of a nursing home resident getting Medicaid benefits) is entitled to receive, will rise July 1, 2015.

If you have it to give, you certainly can, but there may be consequences should you apply for Medicaid long-term care coverage within five years after each gift.

In some states (called "income cap" states), Medicaid applicants who have excess income can qualify for Medicaid only if they put the excess in a special trust, called a "Miller" trust or a "Qualified Income Trust.

In order to qualify for Medicaid, a nursing home resident's income must not be above a certain level. ...

A recent Louisiana case shows the harmful impact on Medicaid eligibility that the lack of a written caregiving agreement can have.  ...