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	<title>AllFinancialMatters &#187; Long-Term Care</title>
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		<title>JLP&#8217;s Question of the Day</title>
		<link>http://allfinancialmatters.com/2006/01/26/jlps-question-of-the-day-2/</link>
		<comments>http://allfinancialmatters.com/2006/01/26/jlps-question-of-the-day-2/#comments</comments>
		<pubDate>Thu, 26 Jan 2006 19:09:27 +0000</pubDate>
		<dc:creator>JLP</dc:creator>
				<category><![CDATA[Long-Term Care]]></category>
		<category><![CDATA[Question of the Day]]></category>
		<category><![CDATA[Retirement Planning]]></category>

		<guid isPermaLink="false">http://www.allthingsfinancialblog.com/?p=328</guid>
		<description><![CDATA[First I&#8217;ll pose the question and then I&#8217;ll give you a link to an article about the question.
Is it morally right for elders to spend down assets in order to qualify for Medicaid for nursing home care?
Okay, now here&#8217;s a link to an article on MarketWatch about the new Medicaid law changes that go in [...]]]></description>
			<content:encoded><![CDATA[<p>First I&#8217;ll pose the question and then I&#8217;ll give you a link to an article about the question.</p>
<p><center><strong>Is it morally right for elders to spend down assets in order to qualify for Medicaid for nursing home care?</strong></center></p>
<p>Okay, now here&#8217;s a link to an article on <span id="more-328"></span>MarketWatch about the <a href="http://www.marketwatch.com/news/story.asp?guid=%7BABF20D02%2D0472%2D4908%2D9446%2D36800A29F4B3%7D&#038;siteid=mktw&#038;dist=PFsnapRetireH"target="_blank"><strong>new Medicaid law changes</strong></a> that go in effect on February 1st.  From the tone of the article it is clear that the author is lamenting the new changes.  Perhaps the changes are a little tough, but let&#8217;s remember why the changes had to be made in the first place: too many people with the help of their lawyers made themselves poor in order to qualify for Medicaid.  Granted, some people probably should have been on Medicaid but a lot them were simply being greedy.</p>
<p>Now it&#8217;s your turn to weigh in.   </p>
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