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Medicaid for nursing home care soon harder to get

February 6th, 2006 at 03:47 pm

FYI - Just heard about this on one of the podcasts I downloaded, otherwise I would have totally missed it. If anyone has been doing financial planning based on the current Medicaid rules, it's all about to change. The amount of home equity allowed is changing. And any gifts given to reduce assets will be looked at five years back instead of three.

Here's a good article; wish I could get that vB Code to work for links. (Any tips appreciated.)

Text is http://www.elderlawanswers.com/resources/article.asp?id=5221§ion=4 and Link is
http://www.elderlawanswers.com/resources/article.asp?id=5221...

Posted in News | 1 Comments »

1 Responses to “Medicaid for nursing home care soon harder to get”

  1. Anonymous Says:
    February 6th, 2006 at 06:15 pm 1139249726
    1139249726

    I just read your $20 challenge entry from 1/30. Let me know how you make out becoming an elections worker. I received a postcard in the mail last summer and called hoping that I'd be able to do it last fall, but the woman never got back to me. I think it was $250/day (worked out to be ~$14/hr), and the training was paid. Seemed like a great way to bring in some extra cash to me...

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