Medicaid Financial Eligibility for Long-Term Services and Supports Page: 4 of 18
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Medicaid Financial Eligibility for Long-Term Services and Supports
Contents
Introduction...................................................................................................................................... 1
M edicaid Financial Eligibility for Long-Term Services and Supports........................................ 2
General Asset Rules......................................................................................................................... 4
Home Equity Rule ..................................................................................................................... 5
Spousal Im poverishm ent Protections........................................................................................... 6
Asset Transfers................................................................................................................................. 7
Treatm ent of Certain Types of A ssets.................................................................................... 9
Annuities ............................................................................................................................. 9
Fees for Continuing Care Retirem ent Com m unities ...................................................... 10
Life Estates........................................................................................................................ 10
Prom issory N otes, Loans, and M ortgages.................................................................... 10
Trusts................................................................................................................................. 11
Post-Eligibility Treatm ent of Incom e ........................................................................................ 11
Estate Recovery ............................................................................................................................. 12
Contacts
Author Contact Inform ation...................................................................................................... 14Congressional Research Service
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Medicaid Financial Eligibility for Long-Term Services and Supports, report, April 24, 2014; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc808361/m1/4/: accessed April 19, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.