Breakfast with Vincent, September 6, 2010
Medicaid Approved
With DRA, there were significant concerns regarding the Medicaid transfer penalty. Immediately, we focused on exempt transfers and in particular, transfers made for full consideration.
In a recent case in our office, we had a senior ("Mom") seeking Medicaid nursing home care. Mom's daughter had paid for her mother's home repairs and furnishings, medical equipment and medical supplies prior to entering the nursing home. The daughter had used credit cards to pay for these expenses and she had outstanding bills. Mom made payments to the credit card companies over a period of time in excess of one year for the expenses incurred by the daughter.



