AVS Enhance™ Shows States the Whole Picture When it Comes to Real Estate Assets of Medicaid Applicants
| dc.contributor.author | Commonwealth Medicine | |
| dc.date | 2022-08-11T08:08:07.000 | |
| dc.date.accessioned | 2022-08-23T15:42:59Z | |
| dc.date.available | 2022-08-23T15:42:59Z | |
| dc.date.issued | 2018-09-24 | |
| dc.date.submitted | 2018-10-11 | |
| dc.identifier.uri | http://hdl.handle.net/20.500.14038/26979 | |
| dc.description.abstract | Medicaid programs are under intense budget pressure. State health care costs nearly doubled from 2005 to 2015, reaching $929 billion. By 2025, more than 38 percent of state dollars will go to health care. Against this backdrop of rising health expenditures, the Centers for Medicare & Medicaid Services (CMS) rolled out new requirements to ensure states examine all the financial assets of seniors seeking Medicaid coverage for long-term care (LTC). States are required to have an Asset Verification System to determine whether Medicaid LTC applicants have assets that can be used to defray the costs of skilled nursing facilities, prescription drugs, community-based services, and other expenses. | |
| dc.language.iso | en_US | |
| dc.relation.url | https://commed.umassmed.edu/our-work/2018/09/24/avs-enhance-shows-states-whole-picture-when-it-comes-real-estate-assets | |
| dc.rights | © 2018 University of Massachusetts Medical School | |
| dc.subject | Data Analytics | |
| dc.subject | Long-Term Services and Supports | |
| dc.subject | Medicaid | |
| dc.subject | AVS Enhance | |
| dc.subject | Asset Verification System | |
| dc.subject | Health Economics | |
| dc.subject | Health Law and Policy | |
| dc.subject | Health Policy | |
| dc.subject | Health Services Administration | |
| dc.subject | Health Services Research | |
| dc.title | AVS Enhance™ Shows States the Whole Picture When it Comes to Real Estate Assets of Medicaid Applicants | |
| dc.type | Case Report | |
| dc.identifier.legacycoverpage | https://escholarship.umassmed.edu/commed_pubs/208 | |
| dc.identifier.contextkey | 13064325 | |
| html.description.abstract | <p>Medicaid programs are under intense budget pressure. State health care costs nearly doubled from 2005 to 2015, reaching $929 billion. By 2025, more than 38 percent of state dollars will go to health care. Against this backdrop of rising health expenditures, the Centers for Medicare & Medicaid Services (CMS) rolled out new requirements to ensure states examine all the financial assets of seniors seeking Medicaid coverage for long-term care (LTC). States are required to have an Asset Verification System to determine whether Medicaid LTC applicants have assets that can be used to defray the costs of skilled nursing facilities, prescription drugs, community-based services, and other expenses.</p> | |
| dc.identifier.submissionpath | commed_pubs/208 | |
| dc.contributor.department | Commonwealth Medicine |
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