8 Common MassHealth Planning Mistakes to Avoid
When someone begins looking into planning or applying for MassHealth (Medicaid in Massachusetts) benefits they often receive a lot of well intentioned advice from friends and loved ones. The fact
When someone begins looking into planning or applying for MassHealth (Medicaid in Massachusetts) benefits they often receive a lot of well intentioned advice from friends and loved ones. The fact
MassHealth, a.k.a Medicaid in Massachusetts, is a state program that assists individuals with payment of long term care and other medical costs. Long term care costs in Massachusetts can reach
MassHealth (Medicaid) transfer rules dictate that transfers of assets for less than fair market value within a five year period of application will result in a period of ineligibility. Some
As people age there is a tendency to look to those closest to us for their support and assistance. Often, aging parents will look to
With long-term care costs reaching $90,000 per year in Massachusetts, a long-term nursing home stay can easily impoverish all but the wealthiest of families. However,
Many people as they age choose to have a trusted person, such as their child, added as a joint owner of their bank account to help manage their day-to-day finances.
While planning ahead for Medicaid (MassHealth) qualification is always in your best interest, sometimes families are confronted with a crisis and need more immediate planning assistance. If your loved one
Applying for MassHealth benefits can be a time consuming process. If you or a loved one needs to apply for MassHealth (i.e. Medicaid) benefits for long term care, or anticipate
Where a MassHelath applicant makes multiple disqualifying transfers during the five year look-back period, the MassHealth agency will add the value of all resources transferred and determine a single period
When applying to Medicaid in Massachusetts (MassHealth), applicants will be subject to a five year “look-back” period. What this means is that the MassHealth agency will require the applicant to
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