Many who people enter a nursing home as private-pay patients rapidly deplete their income and assets and thus become poor through a process known as The Spend-Down Process.
When an individual's income is too high to qualify for Medicaid, he or she may use a Medicaid spend down strategy. To be accepted into the program, the individual must spend down some of his or her income to ensure that his or her income is low enough to qualify for Medicaid. You can apply for Medicaid either through your state's Medicaid agency or through the Health Insurance Marketplace.
Individuals frequently must first complete an income or asset spend down in order to qualify for Medicaid. This means that a portion of the individual's income or assets must be spent, typically on health care and medical-related expenses. However, you could spend money on accumulated debt, such as a mortgage, a car, or credit card balances.
Learn more about Medicaid here:
brainly.com/question/13024687
#SPJ4
Answer:
d. $1,876,306.49
Explanation:
As for the provided information,
Total funds needed at end of 4.5 years = $2.2 million
For this current savings are to be invested on a compound interest, where the rate of interest = 3.6%
Compounding period = Annually.
Therefore, future value factor of $1 after 4.5 years @ 3.6% = 1.1726997
The value of $2.2 million as on date = 
= $1,876,306.49
Therefore, the correct answer is
Option d.
This business is a price setter. There are two kinds of business in the market: price takers and price setters. Price setters are those that don't go with the flow, and set their own market value. Price takers are the opposite. They mostly follow or accept the prevailing market prices. Since the business sells a product that's one-of-a-kind, it has the advantage of selling it at any price it wants.
Answer:
Establish project priorities
Explanation:
Option (c) Establish project priorities
The Establish project priorities helps in the smooth running of the project.
It deals with assigning the tasks involved in the project priorities. The priorities are assigned on the basis of the importance, resources required by the particular task, its effect on overall completion time of the project etc.
Answer:
C. $24.55
Explanation:
Calculation to determine what the value of the stock is closest to:
Value of the stock =($1.25 / 1.11) + [1.56/ (0.11 -0.05)] / 1.11
Value of the stock =[1.126126+(1.56/0.06)]/1.11
Value of the stock = $24.55.
Therefore the value of the stock is closest to:$24.55
