Why Won't Medicaid Let Me Keep My Nest Egg?
Freedman, Robert M.
Lomasky, Loren E.
May, Maurice I.
Hastings Center Report. 1983 Apr; 13(2): 23-25.
The financial dilemmas facing a family that must provide institutional care for a relative with Alzheimer's disease are outlined in the form of a case study. Transferring modest savings to an adult child would qualify the patient for Medicaid and might preserve funds for his spouse's support, but could constitute fraud. Three persons comment on the ethical, legal, and public policy aspects of the problem: Freedman argues that voluntary divestiture of assets should not affect Medicaid eligibility; Lomasky advocates scrapping Medicaid and devising a more humane and efficient system; and May opposes public assistance until family resources are expended. (KIE abstract)
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