What does spend down mean?
When someone is looking to apply for nursing home Medicaid, Medicaid looks at how many countable assets they have, and if they're over the asset limit, they will not be eligible for Medicaid. Spend down refers to the process of spending down assets in ways that are Medicaid approved in order to achieve the ability to apply for Medicaid and be approved.
Retire On Purpose Seminar (6PM - 8PM)
Retire On Purpose Seminar
FREE Medicaid Planning Seminar (10:30AM - 12PM)
FREE Medicaid Planning Seminar
West Branch District Library
Huron Valley Law Center, PLC
2850 S. Milford Road
Highland, Michigan 48357
©2014 Huron Valley Law Center, PLC
All Rights Reserved