Medicare & Medicaid Articles
Home health care services and skilled therapy are covered by Medicare, but patients must meet 4 specific criteria in order to be eligible.
The specific rules of non-medical leave depend upon who is paying for a resident’s care. Avoid costly mistakes by learning about the different policies nursing homes put in place.
It can be difficult to determine whether certain assets count toward Medicaid's $2,000 limit. As always, classification of countable and exempt assets varies from state to state, but retirement accounts can complicate Medicaid planning even further.
Qualifying for Medicaid is a complex process that many seniors and their caregivers have difficulty with. Each state's program rules differ, but "income cap" states allow applicants to use a specific trust to help them meet eligibility guidelines.
Medicaid is a complicated program with state-specific rules that can help pay for long-term care services for seniors with low income and limited resources. Explore New York State's rules for income, assets and coverage.
Many adult children and caregivers are concerned about how their parents' debts will be handled once they pass. For parents who are in long-term care facilities, there may be some states where children might be responsible for their bills.
Longer lifespans and rising health issues may mean your savings will not last throughout the end of your lifetime. Many middle class American seniors are considering applying for Medicaid to help with these expenses.
In some cases, a couple may be better off financially divorced or separated when it comes to Medicaid planning. There are a number of factors to take into account, though, and it is wise to seek advice from an elder law attorney and family law attorney.
There are countless facets involved in determining if a person if eligible for Medicaid, but relationship status does have an impact. If you think you or your loved one may eventually need Medicaid, be sure to take your marital status into consideration.
It is important for seniors and their caregivers to stay on top of changes in health and medical coverage. A bit of foresight can go a long way for a busy caregiver on a budget.
Inheritance and bequests are usually wonderful gifts, but for a beneficiary on Medicaid, these funds can jeopardize their eligibility for benefits. There are ways to receive this money and not be penalized, but they require plenty of careful preplanning.
When planning to apply for state Medicaid benefits, you may want to consider hiring a specialized lawyer to help you. The application process can be extremely complicated, so be sure to do your research beforehand.
Most people wish to remain in their own homes as they age, but often this isn't safely possible. However, with the proper assistance, many more would be able to. MFP through Medicaid is a special program that helps seniors avoid being institutionalized.
Many people plan to travel after retirement, but you may not be covered for prescriptions, routine treatments, or a healthcare emergency depending on your destination and the nature of your Medicare coverage.
Understand the enrollment options and the basics of the Medicare system to save you and your family a great deal of money on healthcare costs.
Every health care situation is unique, and this can make enrolling in Medicare even more complicated. Chances are help is available, but when in doubt, ask for assistance.
Medicare's prescription drug coverage program, or Part D, is one of the most complex aspects of Medicare enrollment. Discover how and when you should consider adding Part D to your Medicare plan.
You can be eligible for a Medigap plan when your enrolled in Medicare parts A and B. The plan only covers one person so make sure you recognize what type of coverage your looking for with your family.
Upon the death of a Medicaid recipient in a nursing home, the state will seek reimbursement for payments made on behalf of the patient. Transferring their home to a child while retaining a life estate is one legitimate advance planning technique.
Individuals enroll in Medicare during a period called “Initial Enrollment” that begins three months before the month they turn 65. Take the time to explore the all coverage options under this program and how they work together.