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Eldercare
Reply to "Bed bound aunt on Medicare, options"
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[quote=Anonymous]Just a quick note for people who aren’t aware. Medicaid dos a five year look back into your assets and how you spent them. To can’t just give away money to satisfy your spend down. You have to spend it on allowable expenses. If you gave away money or spent it improperly, even after you’re destitute Medicaid won’t pay for your care. Instead Medicaid will decide what amount was spent improperly and how long of a period of nursing home care that amount would have covered. After that period passes the applicant will the be eligible for coverage. They are very serious about their review so keep records. [/quote]
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