Delaware Medicaid Qualification and Unique Vehicles to Protect Assets

Medicaid is the largest payer of long-term care expenses. With long-term care expenses continuing to rise, it is important to understand the qualification criteria to become eligible for Medicaid. This presentation will discuss the following: 

• Asset and Income limitations for an individual client as well as a married couple; 
• Types of expenses paid for by Medicaid;
• Techniques to preserve clients’ assets while qualifying them for Medicaid –i.e. “spend-down tools”;
• A Medicaid Compliant Annuity is a specific spend-down tool that is used frequently.  You’ll learn what a MCA is and how it can be used to help your clients.

Meeting Sponsor: ASHBER