Medicaid’s 5-year rule catches families off guard

“In Pennsylvania, one day of Medicaid ineligibility arises for every $421.20 transferred within the lookback window, Robert C. Gerhard III, a certified elder law attorney at Gerhard & Gerhard, P.C., noted.

A family that gifted $50,000 to a grandchild during that period could face roughly 118 days without benefits.”

Medicaid’s 5-year rule catches families off guard – TheStreet