In the past few years, the cost of long-term nursing care has become increasingly astronomical. Based on your location, costs can reach $7,000.00 or more per month. Hundreds of thousands of people presently need that kind of care and the… Read more »
Tag: Medicaid Planning
Getting the Most Out of Medicaid
Federal and state Medicaid programs provide comprehensive health coverage and financial protection to millions of Americans. The program helps low-income families, individuals, and people with disabilities receive adequate health care and provides nursing home or community long-term care services. As… Read more »
Plan Ahead When It Comes to Inheritances and Medicaid
Medicaid and inheritances are tricky areas to navigate, and mistakes can cost you a lot of money. When a person is drawing Medicaid benefits and inherits money or property, that inheritance jeopardizes the benefits. The inheritance must be handled carefully… Read more »
Gifts and Medicaid Planning
It is not a good idea for someone who may need Medicaid assistance in the near future to be giving gifts. This can be sad if that person gets joy out of generosity. But gifts in that situation can turn… Read more »
Waivers for Nursing Facility Care in the Home Under Medicaid
Those who believe they cannot meet Medicaid’s strict income and asset limits for long-term care benefits might want to think again. If you currently demonstrate the need for nursing home facility services, you may meet health eligibility rules for a… Read more »