Solved

Spend Down Requirement in Medicaid the Requirement to "Spend Down

Question 24

Multiple Choice

Spend down requirement in Medicaid The requirement to "spend down" in order to receive Medicaid for nursing home or other medical care means that,in many states,individuals must:


A) give away their assets to their children before they can qualify for medical coverage.
B) pay their physicians a guaranteed amount to cover a year's worth of charges.
C) consult with a financial planner who will determine how best to use their assets.
D) use up assets and income to pay their medical bills,after which they will be covered.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents