Medicaid’s look-back period is a way to ensure applicants haven’t recently given away or sold assets that could have been used to pay for long-term care. The period applies only to Medicaid for ...

Medicare does not have a look-back period like Medicaid. Medicaid’s look-back period involves reviewing your financial information from the previous 5 years to ensure you qualify for long-term care.

A free look period is an important window of time provided by insurance companies to policyholders. It offers a last chance to review an annuity and its contract in detail and cancel without penalty ...