Ask Medicaid Florida

The Florida Medicaid 5-year lookback audit is a detailed review of your financial transactions during the 60 months before applying for long-term care Medicaid. Medicaid examines bank accounts, property transfers, gifts, and asset sales to determine whether resources were transferred below fair market value. Improper transfers can trigger penalty periods, delay Medicaid approval, create substantial out-of-pocket nursing home costs, and potentially reduce assets intended for f