Five More Medicaid Myths
1. Myth: “I can find out all I need to know about Medicaid from the nursing home or the Medicaid agency. The Truth: The Medicaid law is very complex and counter-intuitive. It was written by Congress, after all! The nursing homes and Medicaid agencies do not have lawyers to interpret the law in your favor. 2. Myth: “I have to lose my home and everything I own to get Medicaid assistance.” The Truth: A person is permitted to own “exempt property” and be eligible for Medicaid. In addition the “community spouse” is entitled to keep a share of the assets….
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