How to Qualify for Medicaid: Eligibility and Transfer Rules

There are circumstances in which transferring a house will not result in a Medicaid penalty period, and one of those is if the Medicaid applicant transfers the house to a "caretaker child."  ...

Medicaid 101

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.

Medicaid 101

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

Medicaid 101

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

When one spouse is in a nursing home and applying for Medicaid, planning has to take into account the possibility that the spouse who is not in the nursing home (called the "community spouse") may pass away first.

Medicaid 101

Many people believe that if they give away an amount equal to the annual gift tax exclusion -- which is currently $15,000 to any one individual -- this gift will be exempted from Medicaid's five-year look-back at transfers that could...

Although their names are confusingly alike, Medicaid and Medicare are quite different programs.