“The Ethics of Adjusting Your Assets to Qualify for Medicaid”

“The Ethics of Adjusting Your Assets to Qualify for Medicaid,” by Ron Lieber, New York Times

“Would the care be worse if you or your relatives were on Medicaid, and because of that, limited to whatever nursing home or home-care agency was available? If so, is the most ethical choice to urge aging parents or relatives to keep as much money as possible to pay out of pocket for the care of their choice? I’ve been struggling to answer this question for weeks now, and if you have any experience with it yourself, I’d like to hear from you. Watch this space in the coming weeks and months for more on how money and Medicaid are so often a part of the mix when we shop for care for ourselves or our older loved ones.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):  This NYT reporter seems to be grappling sincerely with the ethics and consequences of Medicaid planning. Please read his article! Then set it aside for one week. When our new report is released next Wednesday, send a copy to Mr. Lieber, compliment him on his effort to understand Medicaid’s role, and encourage him to read our report “How to Fix Long-Term Care Financing.” Invite him to call me (Steve Moses) at 425-891-3640 for an interview. Thanks in advance for your help with this.

The Ethics of Adjusting Your Assets to Qualify for Medicaid

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