16% Of Nursing Home Residents Spend Down Savings To Qualify For Medicaid

Among Medicare beneficiaries admitted to a nursing home in 2018, 16.4% who were not enrolled in Medicaid in 2018 spent down their assets to enroll in Medicaid, according to a recent study. The likelihood of spending down assets to enroll in Medicaid varied by demographic characteristics.

The researchers analyzed administrative, enrollment, and claims data from 2018 to 2022;for a panel of 191,416 nursing home residents enrolled in traditional Medicare. The panel included;beneficiaries newly;admitted;in 2018;for short-term post-acute services and those admitted for long-term care.;The . . .