Medicaid spend-down

Could Congress Boost Medicaid Long-Term Care Benefits For Some By Curbing Spousal Annuities?

Is Medicaid’s long-term care benefit a zero-sum game where limited resources are shifted from one beneficiary to another? For instance, could the government significantly increase long-term care benefits for some by barring people from using spousal annuities to qualify for Medicaid? Or should resources be expanded to provide all eligible seniors and younger people with disabilities the care they need? [...]

By |2017-02-01T15:01:45-05:00February 1st, 2017|Blog|0 Comments

Do Seniors Hide Assets to Get Medicaid Long-Term Care Benefits?

There is a widespread belief that seniors, in cahoots with shady lawyers and greedy children, hide their assets so they can receive Medicaid long-term care benefits.  It turns out that this image—sort of the greedy geezer equivalent of Cadillac-driving welfare queens—is largely an urban myth. While some seniors undoubtedly find ways to transfer assets (everyone, it seems, knows someone who has—or [...]

By |2013-04-24T14:34:42-04:00April 24th, 2013|long-term care financing, Medicaid|3 Comments