45. Sandra and Bill, both 78, are Texas residents. Sandra participates in the state's Long- Term Care Partnership program; Bill, her neighbor, does not. Both are found eligible for Medicaid payment of their LTC services. Which of the following can Sandra do that Bill cannot? (Search Chapter 11) oa. transfer designated resources to another individual without penalty ob. avoid having any of her monthly income applied to the cost of her LTC services OC. avoid Medicaid eligibility redetermination and reverification after initial eligibility od. designate her home as a protected countable asset

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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45. Sandra and Bill, both 78, are Texas residents. Sandra participates in the state's Long-
Term Care Partnership program; Bill, her neighbor, does not. Both are found eligible for
Medicaid payment of their LTC services. Which of the following can Sandra do that Bill
cannot?
(Search Chapter 11)
a. transfer designated resources to another individual without penalty
ob. avoid having any of her monthly income applied to the cost of her LTC services
OC. avoid Medicaid eligibility redetermination and reverification after initial eligibility
od. designate her home as a protected countable asset
Transcribed Image Text:45. Sandra and Bill, both 78, are Texas residents. Sandra participates in the state's Long- Term Care Partnership program; Bill, her neighbor, does not. Both are found eligible for Medicaid payment of their LTC services. Which of the following can Sandra do that Bill cannot? (Search Chapter 11) a. transfer designated resources to another individual without penalty ob. avoid having any of her monthly income applied to the cost of her LTC services OC. avoid Medicaid eligibility redetermination and reverification after initial eligibility od. designate her home as a protected countable asset
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