spend down

spend down

, spend-down
The deliberate depletion of one's financial assets in order to meet the criteria for insurance support from Medicaid.
References in periodicals archive ?
The PS414,000 spent on consultants was offset by more than PS213,000 of external funding, taking the net spend down to just over PS200,000.
In 2016, the multibillion-dollar Atlantic Philanthropies made its final grants, according to the report, and the billion-dollar Edna McConnell Clark Foundation said it would spend down within the next decade.
You won't have to spend down other assets in your portfolio.
Choose to pay for any care needs out-of-pocket or from investment assets and/or spend down those assets until Medicaid begins to pick up the tab.
That has allowed Polito to stockpile cash while the three Democratic candidates for lieutenant governor spend down their campaign accounts.
Your clients, Tom and Sophie, are among those clients trying to determine the best way to spend down their retirement assets.
Well after you've taken it to your local friendly bureau de change to exchange it for a currency you could actually spend down the shops, what would you do then?
Greek Cypriot spend down 4.7% y/y Meanwhile, card spending by Greek Cypriots north of the Green Line dropped over the year earlier by 4.7% to EUR 421,868 in May, from EUR 442,548 in May 2011.
This year's report adds a special focus on the effects of ARRA, with new analyses showing how the infusion of funds appropriated in 2009 will spend down over the next few years under current law.
I collected as many of these as possible early on to keep my total spend down. I then watched the clock carefully and waited until the last possible second to place my winning bid.
The report said newspapers and magazines were in steep decline, with newspaper ad expenditure set to fall 17 percent this year, and magazine spend down 20 percent.