Medicaid life settlements offer long-term-care option

07/22/2013 | National Underwriter Life & Health

California, New York and New Jersey are among states looking at ways to give policy owners the option to use Medicaid life settlements to help pay for long-term care. Under proposed laws, proceeds from the settlements would go into a trust account to be withdrawn only for specified long-term care.

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National Underwriter Life & Health

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