My parents died in a NY nursing home. They were both on Medicaid when they died. However, they left owing the nursing home for services prior to Medicaid. Most of their assets, home, money etc are gone. The only thing let are insurance policies with my brother and I names as beneficiaries. My brother is telling me that because these policies were used as an asset when calculating Medicaid eligibility, we need to turn the money over to the nursing home for unpaid bills and that Medicaid is expecting us to do just that. From what I have read life insurance is not recoverable nor an asset. So what is the answer?