Spousal Impoverishment Rules – Definition & Detailed Explanation – Elderly Legal and Financial Planning Glossary
What are Spousal Impoverishment Rules? Spousal Impoverishment Rules are a set of regulations designed to protect the financial well-being of a non-applying spouse when one spouse requires long-term care and applies for Medicaid benefits. These rules were implemented to prevent the healthy spouse from becoming impoverished due to the high cost of long-term care services. … Read more