Am I Ineligible For Medicaid If I Have Transferred Assets Within The Lookback Period?
Whether a period of ineligibility applies depends on the amount and date of the gift, the identity of the recipient, and the type of Medicaid benefit you seek. Transfers to spouses and disabled children are not subject to a penalty and additional exceptions may apply if the applicant transferred his or her residence. The transfer penalty is only for nursing home care and the LTHHC (“Long Term Home Health Care”) Program. The transfer penalty can be shorter or longer than 60 months. There is no transfer penalty for Medicaid home care.
Whether a period of ineligibility applies depends on the amount and date of the gift, the identity of the recipient, and the type of Medicaid benefit you seek. Transfers to spouses and disabled children are not subject to a penalty and additional exceptions may apply if the applicant transferred his or her residence. The transfer penalty is only for nursing home care. The transfer penalty can be shorter or longer than 60 months. There is no transfer penalty for Medicaid home care.