Look Back Period
To qualify for nursing home Medicaid, applicants must show that they have a limited amount of countable assets. These rules can be very confusing, and most families worry that their loved one cannot qualify for Medicaid. Currently, Georgia residents must have less than $2,000 in countable assets in order to qualify for nursing home Medicaid.…Read More
I am still so surprised by how much misinformation there is about Medicaid’s Look Back Period. Is it 3 years? Is it 30 months? What exactly is the Medicaid Look Back Period? As we all know, Medicaid is a means-tested program that provides health insurance to those who qualify for it. That is, you…Read More
Expert Tips for Georgia Medicaid: Giving Your Assets to Your Spouse and Understanding the Maximum CSRA [Community Spouse Resource Allowance]
It is true that Medicaid is intended to be health insurance for the very poor. It is also true that Medicaid has become the default long-term care insurance payer for millions of middle class families. In the Metro Atlanta area, nursing home costs can run $10,000/month. With such high costs, it is no wonder that…Read More
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