Medicaid Penalty Period Avoidance - Whitney L. Thompson

BSPE Legal Marketing Podcast · Apr 10, 2023 · 5m

From The Law Office of Whitney L. Thompson, PLLC – Medicaid Penalty Period Avoidance breaks down what families need to know about Medicaid’s transfer penalties and look-back rules when planning for long-term care. This episode provides an in-depth look at how improperly timed asset transfers can lead to months—or even years—of Medicaid ineligibility, and what proactive steps can help Texans avoid these costly missteps.We’ll explore what the Medicaid transfer penalty means in Texas, how it’s calculated using the state’s penalty divisor rate ($242.13 daily in 2023), and how common actions like…