Each state has different requirements when it comes to Medicaid spend down. In addition, the rules related to applying for and qualifying for Medicaid can be very complex. Before making any spend-down plans, be sure to consult with a qualifiedelder law attorneyin your area....
So, you spent your excess income of $505 down on medical expenses to become eligible for Medicaid in New York. This is how Medicaid spend down works. There’s also an asset component when it comes to eligibility for Medicaid, but you can spend down assets as well. We’ll cover more of...
The study uses a longitudinal, person-specific, merged Medicare and Medicaid claims and eligibility file constructed for Monroe County, New York. 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...
I argue that expanded Medicaid coverage likely has a greater impact on spending patterns for black households relative to white households.To estimate the effect of Medicaid coverage on households' consumption and investment patterns, I rely on state-level variation in Medicaid eligibility for families...
“social benefits,” or “payments from social insurance funds, such as social security and Medicare, and payments providing other income support, such as Medicaid and food stamp benefits.” “grants-in-aid to state and local governments.” “transfers to the rest of the world,” or “fed...
Among non-dual eligible Medicaid beneficiaries, spending on institutional LTSS took up 12 percent of the group’s overall spending, but this share reached 37 percent among dual eligible beneficiaries. When researchers drilled down on the use of institutional LTSS varied by age, they found that...
health programs, such as Medicaid, Medicare, and health research. income security programs, such as means-tested welfare, old-age benefits, disability benefits, unemployment benefits, social services, and funds spent during the Covid-19 pandemic on paycheck protection and lockdown relief. educatio...
in this report, rising steadily (except for a one-year drop in FY2012) from $116 billion in FY2008 to $155 billion in FY2015. However, the share of low-income spending devoted to cash aid in FY2015 (18%) was down slightly from most previous years, when it hovered at or near 20%...
thus requiring a draw-down of trust fund balances. The Social Security Disability Insurance (DI) program faces more immediate challenges. According to actuarial projections of the Social Security trustees, the DI trust fund will be exhausted by 2023 under current policies, although tax collections in...
$6 billion in reductions to public schools, but an $11 billion dollar payment somewhere down the road though not in writing yes, there’s new offshore drilling in this deal, going around the Lands Commission, and without an oil severance tax for the producers ...