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What is "Spending Down" for Medicaid?
Medicaid takes a figurative "snapshot" of an individual's countable assets on the first day of the first month that an individual enters a medical facility for an extended stay. This is the amount which must either be divided between a married couple, be "spent down," or both in order for the institutionalized person to qualify for Medicaid. . . . (to read the remainder of this article, please log in below.)
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