Master Medicaid spend down with top advisor secrets

How Medicaid Spend Down Works

The Medicaid spend down process involves deducting certain medical expenses from your income. These expenses can include doctor visits, hospital stays, prescription medications, and even certain types of medical equipment. By doing so, you effectively lower your income to a level that qualifies for Medicaid benefits. The spend down amount is determined by the difference between your income and the Medicaid eligibility threshold in your state. Each state has its own guidelines and thresholds, so it's essential to check the specific requirements applicable to you¹.