Quote for the Day

“Even though you’ve paid taxes that help fund Medicaid for all your working years, you shouldn’t aspire to get a return on that “investment.” Medicaid is a program for people with minimal income and assets; if you have to use it, you’re in bad shape. Eligibility guidelines vary by state because Medicaid is a joint federal-state program. But to give you an idea, getting Medicaid through ACCESS Florida as an individual who is 65 or older and needs long-term care requires that your monthly income be no higher than $2,199 and your assets be no more than $2,000 ($5,000 in some cases).”

Any Fontinelle, Investopedia

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