Fact checked by Sheeren Jegtvig About 1.4 million Americans live in nursing homes, but how do they pay for it? The majority—nearly two-thirds of all nursing home residents—rely on Medicaid to foot the ...

After you apply for Medicaid, you'll undergo what's known as a look-back period. A Medicaid employee will go over everything valuable that you've sold or given away in the past five years. The ...

Republicans in Washington are working on plans to shrink Medicaid, the nearly $900-billion-a-year government health insurance program that covers 1 in 5 Americans.

Remember, Medicaid enforces these rules to prevent individuals from depleting their assets just before applying for benefits, so proper planning well in advance is essential for securing needed care.

But misunderstandings about Medicaid’s complex laws can result in serious consequences. Before transferring any assets, it’s crucial to understand about the look back period and how it affects ...