Friendly Annuities of Medicaid
Friendly Annuities of Medicaid
Some people only discover that the annuities they obtained are not Medicaid friendly when they are at the situation that they have tried to plan and prepare for. They may become ill and need nursing home care, only to realize that their assets are not protected by the annuity they got long ago. This is very unjust for the client since they did not know that the agent who sold them the annuity was not very truthful. Most of the time people end up suffering large losses in their assets and surrender their annuity to pay for health care costs.
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