Description
Assist your clients in qualifying for Medicaid with these methods and strategic planning.
Many clients of an elder law practice encounter the increasing cost of quality health care across the nation, resulting in needed assistance to cover the bills. Medicaid will often be the payer source clients turn to. This material provides an elder law practitioner with a toolbox for assisting clients with the Medicaid application process. Additionally, this topic also explains the spenddown method of planning for Medicaid and longterm care. Many clients have a timeframe within the Medicaid rules to plan adequately for the care that they may want and need. This information is critical for attorneys practicing in elder law and engaging in public benefits planning.
Date: 2020-09-14 Start Time: 1:00 PM ET End Time: 2:30 PM ET
Learning Objectives
* You will be able to define general vocabulary used for Medicaid purposes (i.e. countable resources, community spouse allowance).
* You will be able to explain countable versus exempt resources for Medicaid applicants.
* You will be able to identify Medicaid eligibility requirements for single and married applicants.
* You will be able to recognize when spending down of assets may be beneficial to a client in qualifying for Medicaid benefits.