The Medicaid Waiver Program and In-Home Nursing Facility Care
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 to support the costs of in-home care instead. Each state has a level of care […]
An Elder Law Attorney’s Guide to Medicaid Planning
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 spending down assets to qualify for benefits. Individuals can plan to meet eligibility requirements by […]
Getting to Know Medicaid
Millions of Americans receive comprehensive health coverage and financial assistance through Medicaid, a federal and state public health insurance program. 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 of August 2022, more than 90.5 million individuals were part of the Medicaid […]
Understanding Medicaid Eligibility
In terms of health care coverage and long-term care, Medicaid is an important federal-state partnership program for seniors and people with disabilities. Qualifications for Medicaid vary by state, with overarching federal guidelines. The Kaiser Family Foundation (KFF), a nonprofit organization focusing on national health issues, recently released findings from their 2022 50-state survey on pathways […]
Why You Need An Elder Law Attorney
Elder law is a highly specialized area of law focusing on the legal needs of older adults encompassing more significant issues like long-term health care needs, quality of life, and financial well-being. Specific planning may include estate planning and administration, asset protection planning, Medicaid planning and applications, wills and trusts, probate, advance directives, special needs […]
Medicaid Planning
You can probably imagine a time in the future when you are no longer able to take care of your aging spouse. At this emotionally difficult time, the last thing you need is the stress of not knowing where to find the money to pay for the steep costs of institutional care. Advance planning is […]
When to Start Thinking about Medicaid Crisis Planning
Long-term care often creates devastating financial impacts on Americans, particularly the elderly, and for those family members who lose hours of income (and more) while providing care for their loved ones. Medicaid is a joint federal and state program available to individuals who meet certain asset requirements that help them pay for long-term care (LTC) […]
Understand the Affect of Inheritance in Medicaid Planning
An inheritance can be the source of costly mistakes related to Medicaid which should be avoided. When a person is drawing Medicaid benefits and inherits money or property, that inheritance jeopardizes the benefits. The inheritance must be handled carefully to minimize expensive penalties. What “careful” means, though, can be misunderstood without the necessary expertise. The […]