What are the Benefits for My Client?
First, EPIC lets your client access Medicaid ICP assistance, securing a lower, government negotiated cost of care. If your client is the applicant, the higher income may allow your client to find a better facility. If your client is an at-home spouse, EPIC’s net rental income is better than rates of return offered in annuities or CDs, with no state payback requirement. And if Florida ever implements expanded estate recovery, the higher patient payment will reduce any resulting medicaid lien. Finally, EPIC provides a guaranteed purchase price upon your client’s death, thereby protecting and preserving your client’s legacy for the next generation.
