This article demonstrates that most nursing home costs derive from direct government payments or income, notsavings and that most elderly people who need nursing homecare can qualify for Medicaid without spending down for care. Ramifications for public policy and new research directionsare also ...
Spending-Down is not the Only Option Your family worked hard their entire life to accumulate some form of security and wealth, only to face the prospect of losing it all due to a nursing home stay. If you do nothing, Medicaid may require them to spend down their savings in order to qua...
Effective long-term care financing reform will need to create partnerships between public and private insurance, rather than look at them as competing options. 展开 关键词: MEDICAID SPENDING-DOWN NURSING HOME CARE DOI: 10.1097/00005650-199308000-00001 被引量: 7 年份: 1993 ...
Applicants for Medicaid and their spouses may protect their savings by spending them on non-countable assets. Spend Down: Medicaid and Your Assets A Medicaid applicant can spend down their money on anything that would be of benefit to them. The following are examples of what you may be able ...
But just like income limits, you can spend down assets on qualified expenses to meet the requirements for Medicaid. For example, if you prepay for funeral services, you’re taking part of your cash assets and spending it towards a service that qualifies for asset spend down. Now, you’ve...
Spending down to meet the income requirements for Medicaid means that Medicaid can cover some of your medical bills. But it won’t cover the bills you used to qualify. For example, if you pay $300 out of pocket for a doctor’s visit and subtract that amount from your income, Medicaid...
This paper examines the cost of providing care to those spending-down to Medicaid compared to those eligible without spending-down. This longitudinal cohort study compiled inpatient, outpatient and Medicaid data from three academic Infectious Diseases clinics serving approximately 40% of the reported HIV...
That said, there are many legal means of reducing assets and spending-down income in order to meet Medicaid eligibility guidelines. Proper financial planning often includes Medicaid in the long-term care plan. Thorough answers on an individual's path toward eligibility will depend on the state of...
“Spending Down” for Medicaid: One Caregiver’s Personal Journey What Is the Difference Between Medicare and Medicaid? Qualifying for Medicaid Long-Term Care Recent Questions Can we buy a house with mom and she qualify for Medicaid later if needed? Is Medicaid a viable option for loved ones ...
摘要: Presents results from a state-by-state Medicaid budget survey for fiscal years 2009 and 2010. Examines the effects of the recession on spending, how states used Medicaid fiscal relief funds from the federal stimulus package, and the outlook for 2011....