Insights & Guidance for Planning Ahead

Last time we talked about a division of assets between a well spouse and an ill spouse. It occurs so that the well spouse can keep some assets and determines how much the ill spouse needs to spend down to qualify for Medicaid. Now, let’s talk about what resources are countable. Some resources are countable and can be divided between the well spouse and the ill spouse. Some are not countable and do not have to be divided or counted. Even when we have a single person, some

Last time we discussed some of the broad general rules about what resources you can keep and qualify for Medicaid. Those rules were for a single individual. The rules vary greatly when the applicant is married. Generally, when you are married there is a snapshot taken of a date that a person needs long-term care. That snapshot can go all the way back to a hospitalization. The snapshot is a freeze frame of the resources that you have on that snapshot date. Some of th

This is going to be a series on Medicaid, including what it is, what it is for, and how to qualify. This is a general overview and not intended to give you instructions on how to act. It is based on the rules in Kansas. Medicaid is a program that was created in 1965 under the Johnson administration. Its original intent was to provide health care/long-term care for people 65 and above who could not afford it. It is a program that is based on having limited resources. I