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What is a Medicaid spend-down?

medicaid spend-down
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What is a Medicaid spend-down?

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Medicaid spend-down is a provision which enables you to qualify for some Medicaid assistance even if your income or assets exceed the Medicaid eligibility standards. A spend-down amount is the amount of medical expenses you are responsible for paying and which Medicaid cannot pay. Each month when your medical expenses equal or exceed your spend-down amount, Medicaid can help pay your remaining medical expenses.

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