Several decades ago, Congress created safeguards to protect the savings of married couples using Medicaid. These protections prevent husbands and wives from bankrupting themselves funding care for their loved ones. They originally required states to allow spouses of nursing home…
In the United States, Medicaid is a public health insurance program that provides comprehensive coverage for health care and financial assistance to millions of Americans. The program helps low-income families, individuals, and people with disabilities receive adequate health care and…
To receive federal assistance through the Medicaid program for nursing home care, assisted living, in-home care, or adult foster care, individuals must meet the threshold requirements of limited income and assets. Because of these rules, many candidates give away their…
In the United States, Medicaid assists low-income seniors with limited income and assets to pay for healthcare. Many seniors believe that the only way to qualify is to "spend down" their assets. While this is true in some cases, proactive…
You might want to rethink your understanding of Medicaid planning for long-term care coverage if you thought it only included meeting strict income and asset limits. You will also need to demonstrate you need the level of care typically provided…
Affordable long-term support services are an increasing necessity in America. Expenses are exorbitantly high whether you struggle to pay premiums for a long-term care insurance policy or monthly bills from a nursing home. The US Department of Health & Human…
Mistakes can be made when it comes to inheritances and Medicaid. Those mistakes can be costly. When a person is drawing Medicaid benefits and inherits money or property, that inheritance jeopardizes the benefits. The inheritance must be handled carefully to…
When it comes to federal programs, Medicaid and Medicare, in written form, look alike and they do sound alike but work very differently. Most people who work in healthcare may recognize the acronym LASA, which stands for “look-alike-sound-alike” and is…
Are you or a loved one a federal or US postal employee, or an active or retired Uniformed Services member? If you are planning for long-term care it may be worth looking into the Federal Long Term Care Insurance Program…