
Episode 412
What is a Spend Down? with Kelley Smith
Answers For Elders Radio Network · Suzanne Newman
July 27, 201912m 27s
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Show Notes
Kelley Smith at CarePartners Living discusses Medicaid qualifications. Let's say that you have $100,000 in the bank. One qualification for Medicaid is having less than $2,000 in the bank, so you would need to spend the rest of that money in ways the state allows, with expenses analyzed for the most recent five years.
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