Medicaid Myth

Myth: Medicaid can take my house from me.

Fact: No, you can keep your home as long as the Medicaid recipient, a spouse, or a disabled child live in it. In addition, Medicaid CANNOT place a lien on your home as long as you live in it or if it is transferred to a family member or into a trust, provided you do not need a nursing home for the first five year period However, Medicaid can place a lien on your home if it remains in your name, which is why it’s so important to consult with a Medicaid expert.

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IMPORTANT

Community Medicaid Lookback

New York State has postponed the changes to the Community Medicaid Lookback – No details yet on when or IF they will change it in the future!