Private insurance, medicare, and property.
My mother has privare insurance as primary, medicare secondary. She also owns two homes. One is unencumbered and she took out a reverse mtg for a portion of eqity on her primary residence. She has income and savings as well. A friend advised me that Mom's assets needs to be taken out of her name or medicare will take eveything if she has to go into a nursing home or assisted living. I've heard of that with medicaid but not medicare and didnt think that would be the case since she has income and good primary insurance. Is it true?