Access to affordable medical care is increasingly more important during a health pandemic. One of the bills passed by Congress in response to the coronavirus pandemic increases Medicaid funding for states. The bill also includes a provision preventing states that accept the additional money from terminating eligible Medicaid benefits while the current coronavirus pandemic continues.
It’s important to understand the medicaid gifting rules. If you are admitted to a nursing home, you will usually want to qualify for Medicaid benefits as soon as possible. However, even if you qualify in all other respects, if you have made a gift within five years of applying for Medicaid, you may not qualify. The PA Department of Human Services will penalize you one month of ineligibility for every $10,043.28 you gave away.