While declining COVID-19 cases are good news, the end of the pandemic could mean millions of Medicaid recipients will lose their coverage. Federal...
Medicaid
Medicaid’s Snapshot Date and Its Crucial Impact on a Couple’s Financial Picture
Medicaid's "Snapshot" Date When a married couple applies for Medicaid, the Medicaid agency must analyze the couple’s income and assets as of a...
What Documents Are Required For a Medicaid Eligibility Application?
Medicaid Eligibility While Medicaid applicants do not have to be completely destitute to qualify for benefits, applicants must prove that their...
Medicaid History- A Presidential Perspective through 2022
Medicaid is a public benefits program that provides assistance to nearly 70% of those who need long term care. In Indiana, recipients are very...
You Can ‘Cure’ a Medicaid Penalty Period by Returning a Gift
Anyone who gifted assets within five years of applying for Medicaid may be subject to a Medicaid penalty period, but that penalty can be reduced or...
What It Means to Need ‘Nursing Home Level of Care’ for Medicaid Eligibility
When applying for Medicaid’s long-term care coverage, in addition to the strict income and asset limits, you must demonstrate that you need a level...
Better Than No Loaf: Medicaid Planning Using “Half a Loaf” Strategies
While it is preferable to conduct long-term care planning well in advance of needing care, if you haven’t planned ahead, there are some strategies...
Using 529 Plans for Medicaid Planning
The use of 529 plans, named for Section 529 of the Internal Revenue Code, have been a popular way to reduce an individual’s taxable estate; save for...
Estate Planning to Protect Assets from Long Term Care Costs
Estate Planning to Protect Assets from Long Term Care Costs The tightening of public benefits eligibility rules favor those with time to plan. If...
Dual Eligibility: How Qualifying for Both Medicare and Medicaid Can Help With Costs
Qualifying for Medicare hardly means free health care -- there are still premiums and deductibles. However, people who qualify for both Medicare and...