Michigan Medicaid Spend Down: The $9,950 Limit and How to Protect Your Savings
Most Michigan families discover the Medicaid spend-down requirement the worst possible way – in a hospital discharge meeting, with a social worker explaining that Mom or Dad needs nursing home care, and Medicaid won’t pay until nearly everything is gone. The number that stops the conversation: $9,950. That’s the maximum in countable assets a single … Read more