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Caregiver Forum
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Medicaid
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Questions
K
kaykay1963
Asked February 2014
What does 1500.00 face value life insurance mean when dealing with Medicaid?
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P
pamstegma
Feb 2014
It was written for $1500 BUT it can be worth more many years later if the dividends are reinvested towards more insurance. They want to know if a policy has "cash value" which is listed on the annual statement from the insurance company.
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