Medicaid University

What is the Medicaid Penalty Period? Clients often ask: What is the Medicaid Penalty Period I have heard about? Will my family member need to wait before he or she can enter long-term care in a nursing home? These questions concern families. Fortunately, in almost all cases, there is no

What is the Medicaid Look-Back Period? Clients often ask: What is the Medicaid Look-Back Period I have heard about? The Medicaid Look-Back Period is the amount of time, previous to a Medicaid application, during which the Medicaid applicant cannot make any gifts to others. The Medicaid authority does not allow

What Assets are Exempt from Medicaid Spend Down? In order to smoothly move toward Medicaid eligibility, it is important to identify which assets are subject to the Medicaid spend down process, and are considered countable assets, and which assets are exempt assets from such consideration. Loved ones and family members

Are Prepaid Funeral Arrangements Exempt Assets for purposes of Medicaid Planning? Yes, funeral expenses are typically exempt assets for purposes of Long-Term Care Medicaid Spend Down, but only if done in a particularized way that complies with state regulation. In Missouri, effective August 28, 2009, participants have four options for

How can you Make Transfers and Still Qualify under current Medicaid Rules? Most families are aware that making gifts and other uncompensated transfers for less than fair market value can affect Medicaid eligibility, and can even cause a penalty period of ineligibility. And this is certainly TRUE! And in many

Can You Transfer your Medicaid Status to Another State? There are times when a Medicaid Long Term Care recipient should move from one nursing home to a nursing home in another state, perhaps to be closer to family, or perhaps for other reasons. While the technical answer is NO, the