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So Let's See What You Really Know About Medicaid Planning !
Myths of Medicaid: Quiz

1. Do you have to spend down to $1500 - $2000 to be eligible for Medicaid?

True False

 
2. Do you have to wait 5 years after a gift to apply for Medicaid?

True False

 
3. Will Medicaid take my house?  

True False

 
4. Is Medicaid only for the Poor?

True False

 
5. As the spouse of a Medicaid beneficiary can I have savings over $100,000?

True False

 
6. If I’m already on Medicaid and I apply for Medicare Disability, can I protect the back lump sum income payment?

True False

 
7. Will Medicaid take my retirement, if I apply for Medicaid for my spouse?

True False