AboutJohn Pedit Expertise Am an expert on Medicare, Medicare HMOs, and Medicare supplemental insurance. Also have extensive knowledge of Medicare especially in Mich. Have knowledge of COBRA and the Portability Act
Experience
Past/Present clients Council about 300 persons yearly and do many presentations on Medicare
Question My sister is disabled and has been on Medicaid for many years. She is due to receive an inheritance from my mother in the future. Can she keep this money and property or will the govt. "look back" and take her funds for past services performed? Thank you
Mike
Answer Hi Michael
Hard to answer because the Medicaid and the Recovery regulations vary from State to State.
However: The money is usually considered income for the month received and accountable assets from then on. So she would lose Medicaid until
her assets were down to the right level.
If she received property that was considered accountable property she would once again lose Medicaid until the asset limits were met.
