3 Ways to Market to Millennials

By WealthCounsel Staff on Jul 19, 2019, 10:02:00 AM

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According to the Pew Research Center, one-in-three American workers are millennials—making them the largest generation in the US workforce. Today, millennials range in age from 23 to 38. Compared to previous generations, millennials are more ethnically and racially diverse; they are marrying later in life if at all; they are better educated with millennial women completing their bachelor’s degree in greater numbers than men; and, they have less wealth and more debt than baby boomers did at the same age.

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The Family Farm: Strategies for Surviving and Thriving

By WealthCounsel Staff on Jul 12, 2019, 10:00:00 AM

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Medicaid Fraud and Unjust Enrichment

By Jill Roamer, JD, CIPP/US on Jul 10, 2019, 9:52:00 AM

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Medicaid is a useful resource for paying for the great expense of long-term care. Only the truly needy qualify; strict Medicaid rules dictate asset and income thresholds, along with penalties for certain transfers.  In addition to the traditional criminal penalties that come with Medicaid fraud, there may be a finding of unjust enrichment in civil court.

An Oregon court recently issued an opinion regarding Medicaid fraud accountability and repercussions. The key players in this case were Larisa’s Home Care LLC, an adult foster care provider (the facility); Prichard, the resident; and Gardener, Prichard’s son and power of attorney.

Prichard was a resident of the facility. Her son, and power of attorney, applied for Medicaid benefits on her behalf and Prichard was approved. These benefits allowed her to receive services from the facility at a discounted rate. Unbeknownst to Prichard, her son had made fraudulent claims on her Medicaid application. Prichard’s son had been transferring funds from his mother, as her power of attorney, to himself over several years, yet stated on her Medicaid application that she had not made any transfers within the look-back period. Upon learning this information, the facility sought equitable relief for the difference between the Medicaid rate and the private pay rate from Prichard’s estate.

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