How to Qualify for Medicaid: Eligibility and Transfer Rules
Under Medicaid law, a state must attempt to recover benefits it paid for health care following the death of a Medicaid recipient. The Medicaid estate recovery process may require selling your home to settle the claim.
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Medicaid 101
During the COVID-19 pandemic, states could not take away Medicaid coverage from any residents enrolled in this program. In recent months, however, this has been changing. If you are on Medicaid, be sure to take some time to understand whether...
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Medicaid 101
Federal Medicaid law states that the community spouse can keep all of his or her assets by simply refusing to support the institutionalized spouse. ...
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Medicaid 101
After a Medicaid recipient dies, the state must attempt to recoup whatever benefits it paid for the recipient's care from their estate. There are steps you can take to protect your home from estate recovery.
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Medicaid 101
With careful Medicaid planning, you may be able to preserve some of your estate for your children or other heirs while meeting the Medicaid asset limit. The problem with transferring assets is no longer controlling them.
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Medicaid 101
A promissory note is normally given in return for a loan. Classifying transfers as loans rather than gifts can be useful because it sometimes allows parents to "lend" assets to their children and still maintain Medicaid eligibility.
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Medicaid 101
Public and private agencies offer a variety of home care services that may be available to you.
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Elderlaw 101
Medicaid has strict asset rules that compel many applicants to spend down their assets before qualifying for coverage. It’s important to know what you can spend your money on without endangering Medicaid eligibility.
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Medicaid 101
Transferring assets to qualify for Medicaid can make you ineligible for benefits for a period of time. Before making any transfers, you need to be aware of the consequences of transfers made during a lookback period.
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Medicaid 101