spend down

But really, the quickest way to do the spend down is to move the person into the nursing home. If the normal rate is $6,000-8,000 per month, you'll spend that money down in a hurry.

Legal ways to Medicaid spend down? Jaded_Future967 2025

In a Medicaid spend down, a person uses or “spends down” the difference of their income and their state’s Medicaid income limit on health care expenses. Once they reach the limit, they qualify for Medicaid.

How Does a Medicaid Spend Down Work? Jen Teague 2025

Spend down essentially means spending some cash that you have in the bank or selling some "countable" assets (such as stocks or extra vehicles) and then spending down that money.

Safe Ways to Spend Down Your Assets to Qualify for Medicaid Keith Lyman, Attorney · Washburn University School of Law 2024