by David Edwards | Dec 20, 2019
Medicaid ELDER CARE Using a government benefit such as Medicaid is a fairly common way to pay for long-term care. According to AARP, 65% of nursing home residents use Medicaid to pay for their care. Unfortunately, there is a lot of misinformation out there, which...
by David Edwards | Jan 24, 2018 | Aging Parents, Asset Protection, EC-MedicaidPage, Long Term Care Risks, Nursing Home, Uncategorized
Using a government benefit such as Medicaid is a fairly common way to pay for long-term care. According to AARP, 65% of nursing home residents use Medicaid to pay for their care. Unfortunately, there is a lot of misinformation out there, which makes this very...
by David Edwards | Dec 29, 2015 | Aging Parents, Asset Protection Trusts, End of Life, Long Term Care Risks, Nursing Home
Cash payments or informal caregiver arrangements can affect your loved one’s ability to qualify for Medicaid upon going into a nursing home. Here’s what you need to know… Giving Money to Family Can Jeopardize Medicaid Eligibility When someone applies...
by David Edwards | Nov 17, 2015 | Aging Parents, EC- HomePage, EC-MedicaidPage, End of Life, Long Term Care Risks, Nursing Home
While it may seem like a good idea that things like Medicaid applications and Veterans benefit apps are accessible and do-it-yourself, as with many things relating to government, it’s really not that simple. There are many things that can go wrong when people...
by David Edwards | Aug 7, 2013 | Aging Parents, Asset Protection Trusts, EC-MedicaidPage, EC-MedicarePage, End of Life, Funding and Asset Titling, Long Term Care Risks, Nursing Home
Medicaid and Medicare are two different programs (but with a similar name). Medicaid may help with nursing home costs, as we discussed in a previous case study. Medicare is health insurance that helps seniors pay for doctors, hospital stays and prescriptions. So, does...
