14. During the financial review for Ben, a Medicaid applicant, it was discovered that Ben...

70.2K

Verified Solution

Question

Accounting

image
14. During the financial review for Ben, a Medicaid applicant, it was discovered that Ben gifted $50,000 in assets 18 months before he applied Medicaid, Ben's monthly income from Social Security is $800the nursing home costs in Ben's ares average $5,000 per month. How long will Ben's penalty period be?
a. 5 months
b. 5.5 months
c. 10 months
d. 60 months
meruce $5,000 pet month. How lone will betis penoly peried be? 1. Siminek tis. 5.3 montis 8 Oo maeths

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students