What is Michigan Medicaid Spend Down?
[responsive_vid] Spend down is the process/method a Michigan Medicaid nursing home applicant becomes financially eligible for assistance. An applicant may have $2,000 in “countable” assets. We might say there are two categories of assets for Medicaid: Exempt or “Excluded Assets” and “Countable Assets.” There are other asset rules such as the “community spouse” allowance, rules for…