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16. What is the largest source for financing long-term care expenditures? O a. Medicaid ob. Medicare oc. private long-term care insurance plans Od the disability
16. What is the largest source for financing long-term care expenditures? O a. Medicaid ob. Medicare oc. private long-term care insurance plans Od the disability income portion of the Social Security program 17. What does Medicaid's look back rule pertain to? a. the amount of Medicaid benefits paid on a recipient's behalf during the first six months of Medicaid eligibility ob. the amount of benefits Medicare paid for care received in a skilled nursing home facility Oc. the income an applicant earned during the 36 months before applying for Medicaid Od the transfers of assets an applicant made during the 60 months before applying for Medicaid 18. Medicaid was established primarily to benefit all of the following EXCEPT: a. low-income people 65 and older Ob. certain low-income families with children Oc.disabled people on supplemental security income od. anyone not wishing to deplete his or her assets on long-term care 19. What is the minimum rate of federal reimbursement for state Medicaid expenditures? O a. 40 percent ob. 50 percent Oc. 75 percent od. 80 percent 20. Each of the following individuals is now entering a nursing home for long-term care services. Who could incur a penalty for improper transfer of assets under the Medicaid spend-down rules? a. Miriam gifted $50,000 in cash to her daughter, who lives in another city, ten years Ob. Howard transferred his home eight years ago into an irrevocable and uncountable ago. trust. Oc. Frank sold his $150,000 home to his nephew for $100,000 twelve years ago. Od. Joel gifted his home two years ago to his 36-year-old daughter, who was living with her mother in another state
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