What is the Medicaid 5-Year Lookback Period?

As you age, you may require long-term care in a facility. The problem is, long-term care is expensive: in North Carolina, long term skilled nursing care can cost upwards of $10,000 per month.

Medicaid can pay for your long-term skilled nursing care, but you should be aware of certain guidelines. One of these guidelines is the Medicaid 5-year lookback. Read on to learn how the lookback works and what you can do to prese