For millions of seniors nationwide, Medicaid provides a safety net for people who find themselves requiringlong-term care. Most Americans aged 65 and older – roughly70 percent– will need these kinds of services in their later years, according to research. Meanwhile, the cost of long-term care...
In order to qualify for long-term Medicaid in Florida, such as nursing home or assisted living care, the applicant must not have given away (i.e., made "uncompensated transfers") assets within five years of applying for Medicaid benefits. This is generally known as the Medicaid “look-back...
Once there is a lien on the property, if the property sells while the Medicaid recipient is living, they cease to be eligible for Medicaid because of the cash from the sale. In addition, they would have to satisfy the lien by paying back the state for its coverage of care to date. In...