Medicaid Planners

Medicaid Terminology

Many industries use specific words that makes communicating within the industry easier, and long-term care is no exception. When seeking resources to provide care for an elderly loved one, it’s important to understand some of the terminology used in the long-term care industry. For example, ‘Medicaid’ can be used to describe one of several different […]

Gifting and Penalties

If you know anything about Nursing Home Medicaid, you probably know that Medicaid policy is very strict about what’s allowed and what isn’t when it comes to financial eligibility. As a Medicaid Planner, I’m keenly aware of the many limitations on transactions that can be made as part of a Medicaid spend-down. A major restriction […]

Available Assets: Primary Residence

When someone applies for Medicaid assistance, one of the very first things Medicaid considers for eligibility is the applicant’s ‘available assets.’ In other words, Medicaid wants to know what funds are available to pay for long-term care. As of 2021, most states require that single applicants have less than $2,000 in assets, while married applicants […]

Long-term Care Costs – Medicaid Planners Can Help!

With Americans living longer than ever before, more and more are reaching a point where they are unable to care for themselves. Whether it’s due to a chronic illness, disability, or other causes, once someone is unable to perform essential activities of daily living on their own, they become a candidate for long-term care. The […]