Medicaid: Changes In Eligibility Rules

In 2005 Congress passed some the most sweeping changes to Medicaid in history. President Bush signed the bill into law on February 8, 2006.  Here are some of the many changes that will effect future applicants for Medicaid.

1.  Exemption limits on the value of an applicant's home.

2. Restricts the use of annuities.

3.  Changes the look-back period to 60 months (5 years).

4.  Changes the start of the penalty period.

5.  Expands the long term Care "Partnership" program to all 50 states.