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  Grand Rapids Business Journal

 

Finding A Path Through The Medicaid Thicket

 

The Deficit Reduction Act of 2005 was estimated by the Congressional Budget Office to reduce federal Medicaid spending by $11.5 billion in its first five years, part of that by shifting more of the cost of nursing home care on the beneficiaries. It left many people with the belief that they had to totally divest themselves of all their assets in order to qualify for Medicaid help in paying for nursing home costs.

 

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