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Published on Jun 6, 2013
Watch FOX Business News as Scott Page hits a Long-term Care nerve on Varney & co. today. The State of Texas may soon be the first of a several states to put a bill in place that requires disclosure of any life insurance policies to be sold as an asset before a person will be selected to receive Medicaid for Long-Term Care. In many cases, these same policies would be lost and lapsed by the families. The new funds received from the sales would be placed in a trust and only used for Long-Term Care.
Watch as Scott reveals how Life Settlements may be required soon by many states to Fund Long-Term Care before Medicaid is Used. For more information on using life settlements to help clients applying for Medicaid, contact The Lifeline Program at or visit www.thelifeline.com.