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Before we provide an explanation of the Medicaid look-back, we should explain why Medicaid should be on your radar if you are going to qualify for Medicare coverage at the age of 65. It is true that Medicaid and Medicare are both government run health insurance programs. If you qualify for Medicare when you attain… Read more »
You may be aware of the fact that the Medicaid program is a health insurance safety net for people with very limited financial resources. The limit on countable assets is just $2000 for an individual. If you have never been financially needy, you have probably gone through life with the understanding that Medicaid will probably… Read more »
Texas Governor Rick Perry signed legislation recently allowing Texans to more easily use their life insurance policies to help pay for the costs associated with long-term care. These so-called “life settlements” give people with life insurance policies the ability to sell those policies to investors at a discount. The law allows Texas residents who are… Read more »
