Choose your country
Medicare vs Medicaid for long term care
Medicare vs Medicaid for long term care
I am confused about which one covers nursing homes. Can someone explain the spend down process for Medicaid?
1 Answer
Medicare and Medicaid are easy to mix up here. From what I understand, Medicare generally doesn’t cover long-term nursing home care, while Medicaid may help with long-term care if you meet your state’s eligibility requirements. The “spend down” part can be confusing because the rules depend on the state and the person’s financial situation. It basically means using income or resources in ways allowed under the state’s Medicaid rules until you meet the eligibility requirements. I’d definitely check with the state Medicaid office before moving money or making any big financial decisions, because the rules can be very specific