Englisch - Englisch
Definition von lookback im Englisch Englisch wörterbuch
- Medicaid uses the term lookback It is a period of time beginning from the date of the Medicaid Application back In the case of an individual, the lookback is three (3) years and in the case of a trust the lookback is five (5) years If transfers or gifts are made during the lookback period, they are penalized
- The number of days from the mortgage coupon adjustment to the publication of the index used in the mortgage coupon adjustment
- Federal law provides for a 36-month lookback on transfers to individuals and a 60-month lookback for transfers to trusts This means that when application is made for Medicaid, there will be a question which asks if there have been any transfers made within the previous 36 months to an individual or within the previous 60 months to a trust Any such transfers must be disclosed to Medicaid Failure to do so constitutes Medicaid Fraud which is a criminal offense