When it comes to federal programs, Medicaid and Medicare, in written form, look alike and sound alike but work very differently. Both Medicare and Medicaid were started in 1965 under Lyndon B. Johnson's administration in response to the inability of…
It might be worth reconsidering whether Medicaid's strict income and asset limits will prevent you from receiving benefits. If you currently demonstrate the need for nursing home facility services, you may meet health eligibility rules for a Medicaid waiver program…
Healthcare professionals commonly recognize the acronym LASA, which stands for look-alike-sound-alike, often used when referring to medications. When it comes to federal programs, Medicaid and Medicare look alike and sound alike but work very differently. Both Medicaid and Medicare were…
Low-income families and individuals are covered by the Medicaid program in the United States. However, because of the steep costs associated with long-term care, Medicaid planning is a growing trend for individuals with higher net worth as an alternative to…
When you are unable to express your wishes, your health care power of attorney becomes your voice. The Role of a Health Care Power of Attorney A power of attorney, also known as a health care proxy, is a legal…
It would be difficult to get treatment if you were ill and had to determine whether you could afford it. Unfortunately, for many Americans, seeking medical care hinges on affordability rather than medical necessity. About half of US adults have gone without…
The topic of end-of-life planning is generally difficult for people. We don't like to think about it or discuss it, but without planning, we will have fewer options, and things may not go as expected. You may wish to pass…
Congress created safeguards over 30 years ago to protect the savings of married couples who use Medicaid. These protections prevent husbands and wives from bankrupting themselves and funding care for their loved ones. They originally required states to allow spouses…
In Medicaid redetermination, a beneficiary's eligibility for continued coverage is reviewed by the Medicaid agency. Typically, this process occurs annually. However, during the pandemic, the federal government enacted the Families First Coronavirus Response Act (FFCRA), requiring continuous Medicaid enrollment without redetermination until…
The topic of death is uncomfortable for most of us and we avoid it as much as possible. Since we don’t want to talk about it, many of us don’t make plans for what we want to happen before or…