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Then you'll have to do a $150 spend down before Medicaid will pay those nursing costs. That can be tricky, or easy to do, depending on your mother's medical expenses. ... "Because the rules are so ...
Still, with proper planning, there are ways to shelter assets from Medicaid spend-down rules. Special trusts, home equity transfers and annuities can help protect savings and property.
The Florida Supported Living Waiver, also called the FSL Waiver or "Little" Waiver is another Florida Medicaid Waiver Program. This Waiver currently has a spending cap of $14,792.00. [5] There are eleven services on this waiver. Many people on the FSL Waiver are waiting to get on the HCBS Waiver.
The rules of Medicaid would require her to spend down her savings before she could reap the health insurance benefits. Hullihan is spending less now than when she was working, a trend she ...
It also establishes new rules for the treatment of annuities, including a requirement that the state be named as the remainder beneficiary, allows Continuing Care Retirement Communities (CCRCs) to require residents to spend down their declared resources before applying for medical assistance, sets forth rules under which an individual's CCRC ...
The same rules apply to eligibility for the Aid & Attendance benefit, Housebound allowance, and Survivors pension. Medicaid qualification requirements vary from state to state, but many states set ...
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Of the 1.9 million people in Florida who lost Medicaid coverage, according to KFF, patient advocates estimate that thousands of disabled people like Eakin have been affected.