Adult Care Planning Flashcards
7 cards from real CSA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Adult Care Planning flashcards as text
Which Medicaid planning strategy involves converting countable assets into an income stream to help a community spouse retain more resources while qualifying the institutionalized spouse?
Answer: Medicaid-compliant annuity
A Medicaid-compliant annuity converts a lump-sum countable asset into an income stream, which can help the community spouse retain assets above the standard CSRA while qualifying the institutionalized spouse.
A senior's long-term care insurance policy has a 90-day elimination period. What does this mean for the policyholder?
Answer: The insured must pay out-of-pocket for the first 90 days before benefits begin
The elimination period is essentially a deductible measured in days; the policyholder must pay for care out-of-pocket for 90 days before the insurer begins reimbursing claims.
Under Medicare Part A, how many days of skilled nursing facility care are fully covered following a qualifying hospital stay of at least three days?
Answer: Up to 20 days
Medicare Part A covers the first 20 days of SNF care at 100%; days 21–100 require a daily copayment, and coverage ends after 100 days.
Which document specifically designates a trusted individual to make healthcare decisions for a person who becomes incapacitated?
Answer: Healthcare Proxy (Durable Power of Attorney for Healthcare)
A Healthcare Proxy, also called a Durable Power of Attorney for Healthcare, names a specific agent to make medical decisions when the principal lacks decision-making capacity.
The 'sandwich generation' refers to caregivers who:
Answer: Simultaneously care for aging parents and dependent children
Sandwich generation caregivers face dual demands of raising children while also providing care for aging parents, creating significant stress and financial strain.
Which type of elder housing provides a private apartment, meals, housekeeping, and some personal care, but not skilled nursing services?
Answer: Assisted Living Facility (ALF)
Assisted Living Facilities offer supportive residential care including meals and personal assistance but are not licensed to provide skilled nursing or medical care.
A CSA client asks about the 'look-back period' for Medicaid eligibility. Which response is most accurate?
Answer: Medicaid reviews asset transfers made within the past 60 months for most transfers
For most asset transfers, Medicaid applies a 60-month (5-year) look-back period during which gifts or transfers for less than fair market value can trigger a penalty period of ineligibility.