Medicaid Life Settlement
Medicaid Life Settlements provide an option to elderly Policy Owners who have a direct need to pay for Long-Term Care, In-Home Care, or Assisted-Living, and are considering going on Medicaid.
As the cost of Long-Term Care services continues to balloon every year, Senior Americans increasingly find that the effort and hard work put into saving for their retirement just isn’t enough to cover their need for care. Many find themselves in limbo: their current assets make them ineligible for medicaid, but they also don’t have the funds to cover Long-Term Care. Many Seniors end up liquidating all of their assets, including their life insurance policy, so that they can qualify for Medicaid. A Medicaid Life Settlement allows qualified candidates to get the funds they need, without forcing them to liquidate everything they own and keeps them off of Medicaid.