Identification
None
Definition
A spend-down strategy refers to the deliberate reduction of personal assets in order to qualify for means-tested public benefits (e.g., Medicaid). The strategy involves incurring allowable medical expenses or transferring assets within legal guidelines to meet the eligibility criteria for assistance.
Class Relationships
Sub Class Of
Is Defined By
N/A
See Also
None
Parent Class Of 0
- • None
Class Hierarchy Visualization
Interactive graph showing class relationships - click on any node to navigate to that class
Additional Information
Metadata
Comment
From LIST: Legal Issues Taxonomy — https://taxonomy.legal/
Description
None
Notes
- • None
Editorial Information
History Note
None
Editorial Note
None
Deprecated
No
Source and Origin
No source or origin information available