Description

There are various options for paying for long-term care: private pay, long-term-care insurance, Medicaid, and VA benefits. While Medicare sometimes pays the costs of long-term care for a while, it never pays for an extended nursing home stay. Medicaid is the program that pays for long-term care, but it can be a confusing program to understand, especially when you are in the middle of a health crisis or caring for someone who is. In this interactive session, we will talk about how qualifying for Medicaid works for people who are married and single. Specifically, we will discuss the division of assets, the options for spending down assets, the five-year look-back period for making gifts, and the exceptions to the gifting rules. Presenter: Jill Watskey, Attorney

Activity Secondary Category

Membership Required

Location

302 at Iowa City/Johnson County Senior Center

Prerequisites

Iowa City Membership - 1 person
or Iowa City Membership - 2 people
or Iowa City Membership - 3 people
or Iowa City Membership - 4 people
or Non-Iowa City Membership - 1 person
or Non-Iowa City Membership - 2 people
or Non-Iowa City Membership - 3 people
or RenewActive Membership
or Visitor Membership