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  2. The Do's and Don'ts of a Medicaid Spend-Down - AOL

    www.aol.com/finance/2015-05-11-dos-donts...

    But an individual with a little too much income will only qualify for Medicaid if he or she first does a Medicaid spend-down. ... stepparent is still living in the house, then, no, it wouldn't be ...

  3. Long-term care insurance - Wikipedia

    en.wikipedia.org/wiki/Long-term_care_insurance

    In most states, you must spend down to $2000. If there is a living spouse/partner they may keep an additional amount. [10] A welfare program, Medicaid does provide medically necessary services for people with limited resources who "need nursing home care but can stay at home with special community care services."

  4. Medical Costs in Retirement: Can a Nursing Home Take Our ...

    www.aol.com/finance/nursing-home-savings-250k...

    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.

  5. Medicaid - Wikipedia

    en.wikipedia.org/wiki/Medicaid

    In the United States, Medicaid is a government program that provides health insurance for adults and children with limited income and resources. The program is partially funded and primarily managed by state governments, which also have wide latitude in determining eligibility and benefits, but the federal government sets baseline standards for state Medicaid programs and provides a ...

  6. Medicaid coverage gap - Wikipedia

    en.wikipedia.org/wiki/Medicaid_coverage_gap

    As initially passed, the ACA was designed to provide universal health care in the U.S.: those with employer-sponsored health insurance would keep their plans, those with middle-income and lacking employer-sponsored health insurance could purchase subsidized insurance via newly established health insurance marketplaces, and those with low-income would be covered by the expansion of Medicaid.

  7. Exploring Medicaid Payments for Assisted Living: What You ...

    www.aol.com/exploring-medicaid-payments-assisted...

    If you are eligible for Medicaid and have a health condition that could justify nursing home placement, many states will issue payments directly to your assisted living community as a cost-saving ...

  8. Mandatory spending - Wikipedia

    en.wikipedia.org/wiki/Mandatory_spending

    By FY2025, based on CBO baseline projections, spending on Medicare, Medicaid and other major federal health care programs is projected to account for 31 percent of total federal spending. Other programs such as Social Security Insurance and the Earned Income Tax Credit introduced in the 1970s, also increased the number of beneficiaries and thus ...

  9. Who is eligible for both Medicare and Medicaid? - AOL

    www.aol.com/finance/eligible-both-medicare...

    Health care expenses often increase as people age, due to more health challenges and care needs. According to the Centers for Medicare & Medicaid Services, U.S. adults ages 65 and over each spent ...