Medicaid Is Not for the Poor — It’s for the Prepared: Scott Moan on Protecting Wealth

Most families don’t think about Medicaid until they’ve written their first $10,000 check.In this eye-opening conversation, Lindsay Friedman sits down with Medicaid strategist Scott Moan, founder of Elder Life Group, to dismantle one of the biggest myths in long-term care: that Medicaid is only for the poor. With nearly three decades of experience helping families protect lifetime assets, Scott reveals why Medicaid planning isn’t about losing everything — it’s about creating options before everything is at risk.You’ll hear the truth about the five-year “look back,” how estate recovery really works, why simply “giving the house to the kids” can backfire, and how families accidentally spend the wrong money at the worst possible time. Scott shares practical strategies for crisis planning and pre-planning, including how married couples can often protect far more than they think — sometimes even 100% of their assets depending on the state.This episode is both sobering and empowering. If you’re caring for aging parents, thinking about your own retirement, or simply want to protect your family from unnecessary financial devastation, this conversation will change how you see Medicaid forever.Because Medicaid doesn’t equal poor.It equals prepared.