What Does Medicaid Payback Mean In Estate Planning?
A federal law, administered at the state level, which requires Medicaid recipients age fifty-five (55) or older to reimburse the government for the costs of their medical care.
Example Of Medicaid Payback In Regards To Estate Planning
My mom used Medicaid to pay for some of her end-of-life medical care and we just received a bill from the state saying we owe them back money for Medicaid Payback. I didn’t know this was possible.