Victory for Elders on T19 at home! Reverse Mortgage/Home Equity proceeds excluded
Posted in Title 19 Medicaid on
Reverse Mortgage/Home Equity proceeds excluded. CT Legislators just passed a bill that allows those applying for or on the CT Home Care Program for Elders to exclude loan proceeds from a reverse mortgage, home equity loan or other loan instrument from being counted as assets or income. After the DRA 2005 these proceeds have been counted as income and many people have not received home […]