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Health Care: Medicaid Estate Planning: HRD-93-29R by U. S. Government Accountability Office (

Health Care: Medicaid Estate Planning: HRD-93-29R

by U. S. Government Accountability Office (
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Book cover type: Paperback
  • ISBN13: 9781289016227
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Bibliogov
  • Publisher Imprint: Bibliogov
  • Publication Date:
  • Pages: 30
  • Original Price: USD 15.75
  • Language: English
  • Edition: N/A
  • Item Weight: 73 grams
  • BISAC Subject(s): General

Pursuant to congressional requests, GAO determined the: (1) prevalence of Medicaid estate planning for purposes of becoming Medicaid-eligible; (2) value of assets sheltered through Medicaid estate planning; and (3) extent to which states are enforcing Medicaid requirements concerning Medicaid estate planning. GAO found that: (1) half of the Medicaid applicants converted assets from one form to another or transferred assets to another party; (2) asset conversions averaged $5,600 and typically involved setting aside money for burial arrangements; (3) other types of conversions included home repairs and automobile purchases; (4) asset transfers were far less frequent but involved larger amounts of money; and (5) half of the applicants that transferred assets were denied eligibility.

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