Most people know Medicaid as a general healthcare program for people with limited income and assets. While it is this, the program also covers long-term care costs for people that qualify, and one may be surprised to learn that you don't need to be entirely broke with little or no assets to qualify. So, how does that happen? In this episode, Long-Term Care Planner Kristin Daugherty gives a brief and general overview, without going into too many fine details, about how our firm helps people qualify for Medicaid to pay for long-term care. There are some general things to keep in mind when entering into this process, but no two situations are the same, so when engaging in Medicaid planning, it requires a unique and individualized process.
This episode is an excerpt of a virtual happy hour seminar held on Feb. 9, 2022.
For more information on Medicaid qualification and planning, check out some past podcast episodes below:
S1, E37 (Oct. 13, 2020)
S1, E41 (Oct. 30, 2020)
S1, E43 (Nov. 1, 2020)