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Medicaid Spend-Down Leaves Wife of Nursing Home Resident $237,000 Short

Original: He Entered the Nursing Home at 72 With $400,000 in the Couple's Savings. The State Let His Wife Keep $162,660, and the Other $237,340 Went to the Bill First

A 72-year-old man entered a nursing home with $400,000 in joint savings. Under state rules, his wife was allowed to keep $162,660, while the remaining $237,340 went toward his care costs before assistance applied. The figures highlight how nursing home costs can drain a couple's savings and how spousal protection limits leave many spouses with sharply reduced nest eggs.

Why now: Stories about nursing home costs wiping out couples' savings resonate with aging readers worried about long-term care and Medicaid rules.

Medicaid

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Evidence

• He Entered the Nursing Home at 72 With $400,000 in the Couple's Savings. The State Let His Wife Keep $162,660, and the Other $237,340 Went to the Bill First · 24/7 Wall St.

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