Those who entered nursing homes initially as non-Medicaid residents, particularly those with longer stays, were at risk of spending down their assets and enrolling in Medicaid, according to a December ...
More than 1.4 million people have lost Medicaid coverage in 2023 because they no longer meet the eligibility requirements, according to August tracking data from KFF, a health policy nonprofit. Back ...
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Mom Needs a Nursing Home. Should I Spend Down Her Assets So She Qualifies for Medicaid?
Question: My mom suddenly needs to be in a nursing home. Should I spend down her assets so she qualifies for Medicaid? Answer: If you’re in a situation where your mother needs nursing home care, you ...
Everyone has heard about someone who lost their life’s savings to the high cost of long-term care. The media is full of such stories. KFF Health News and the New York Times highlighted many in their ...
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