Conventional wisdom holds that large numbers of elderlyAmericans spend down their life savings in nursing homesbefore they qualify for Medicaid. Recent research indicates otherwise. This article demonstrates that most nursing home costs derive from direct government payments or income, notsavings and that...
Stop the Spend-Down If your family loses everything to the spend-down, then you have no security and almost no options. What can you do with no money left? Not much. We provide financial security for your family by stopping the Medicaid spend-down so you are not put at anyone’s merc...
Medicaid Spend Down, Estate Recovery and Divorce: Doctrine, Planning and Policy Medicaid is the need based government program that pays for much of the health care for the poor in the United States. Medicaid often ends up paying the c... JA Miller - 《Social Science Electronic Publishing》 ...
US states may wish to consider expanding Medicaid's categorically eligible criteria or significantly reducing the frequency with which persons must spend-down to become eligible for Medicaid. 展开 关键词: Humans HIV Infections Long-Term Care Cohort Studies Adult Health Expenditures Medicaid Insurance, ...
People who qualify as “medically needy,” such as those with certain disabilities, children or people age 65 and older, are eligible to spend down income to qualify for Medicaid. Rules for who counts as medically needy vary by state. For example, in Washington, D.C., parents or caretake...
The analyses show that 27% of those who enter nursing homes as private pay can be expected to spend-down to Medicaid while in a nursing home. The spend-downers remain in nursing homes for a prolonged time, with 63% staying for more than 3 years. On admission, spend-downers appear ...
This process is known as spend-down to Medicaid. We studied 211u001efour specific economic issues related to spend down. First, why has the market 211u001efor private long-term care insurance has been slow to evolve, making spend-down 211u001eto Medicaid the default insurance for many ...
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 to do with your money in order to qualify for Medicaid: ...
You'll save days or weeks of your time and you can possibly save $100,000 or more in nursing home costs. We'll help you protect your assets from the Medicaid spend down: With our knowledge of the updated rules you can save up to 100% of your assets from the nursing home spend-down...
Spend down funds on personal or medical needs and day-to-day care expenses. Under Federal law, a person applying for Medicaid cannot reduce or transfer assets to others (for example, children) for the purpose of qualifying for Medicaid coverage of long-term care services. Doing so may result...