Do Older Americans Hide Assets to Qualify for Medicaid?Middle-Class Transfers a MythAging Today
You cannot simply transfer assets to family members to qualify forMedicaid, as the program restricts benefits if asset transfers were made within several years prior to a nursing homestay.2 Some people protect their assets from the costs of catastrophic illness with along-term care insurancepolicy,...
I meant “second-order” not to mean that it isn’t important, but that it is logically subsequent to the question of whether you have health insurance in the first place, and this post is about whether you can count on having health insurance in the first place. Second, J.D. points ...