Long-term care costs like nursing home care can quickly drain retirement savings. Medicare provides little help paying these ...

Since Maggie is in her 60s and still working, it’s unlikely she would meet the requirements for undue hardship if the state was to seize her mother’s home. It’s important to note that the state may ...

Jenn Ochs lobbies against Medicaid cuts in Washington, D.C. for the 2025 Disability Policy Seminar. Courtesy: Jenn Ochs Anyone who benefits from Medicaid is restricted by asset limits. To receive ...

However, after the penalty period, you can reapply for Medicaid. Further, it’s important to remember that Medicaid is entirely different from the IRS gift tax exclusion limit. Therefore, even if a ...

Flaherty said the asset limits in particular were set in the 1970s and haven't been indexed to inflation in any way. When a person goes over the asset limit, she said, they become "trapped in ...