To qualify for Medicaid coverage, what is the “lookback period”?

Medicaid “looks back” for a period of 60 months from the date of a Medicaid nursing home application to determine whether you have made any gifts which may be subject to a penalty. The lookback period is only an audit period during which time Medicaid has the right to review all of the financial records of a Medicaid applicant (and, where applicable, the spouse of the applicant).

Posted in: Estate Planning and Elder Law