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| GAO Report: Transfers of Assets by Elderly Individuals to Obtain Long-Term Care Coverage Under Medicaid U.S. Government Accountability Office [GAO]  Oct. 4, 2005 52 pages. "GAO was asked to provide data on transfers of assets. GAO reviewed [1] the level of assets held and transferred by the elderly, [2] methods used to transfer assets that may result in penalties, [3] how states determined financial eligibility for Medicaid long-term care, and [4] guidance the Centers for Medicare & Medicaid Services (CMS) has provided states regarding the treatment of asset transfers." [GAO-05-968, published Sept. 2, 2005, released Oct. 3, 2005] |
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