In What Ways Are Medicare and Medicaid Different?
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 older and low-income people to purchase private insurance. Medicaid is an assistance program, funded federally […]
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 […]
Understanding the Distinction Between Medicaid and Medicare
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 started in 1965 under Lyndon B. Johnson’s administration in response to the inability of older […]
The Increasing Cost of Senior Living
In America, long-term support services are in high demand. Costs are extremely high, regardless of whether you struggle to pay long-term care insurance premiums or monthly nursing home bills. The US Department of Health & Human Services (HHS) finds that Americans aged 65 or more have a 70 percent chance of requiring long-term care services. Family […]
Don’t Wait for a Crisis to Discuss Long-Term Care With Your Parent
It is unclear whether or not your parent has a plan in place for long-term care. It is a difficult topic to broach; no one wants to talk about death and the financial realities that come with aging. Instead of having a proactive conversation early in a parent’s aging process, most families have a reactive […]
Telehealth Coverage Is Rolling Back By Health Insurers
Hospitals and health systems have been coping with unprecedented challenges during the coronavirus pandemic. There has been a need to increase and safeguard healthcare staff as well as non-COVID-19 patients, testing and treating infected patients, expanding critical care unit capacity, procuring personal protective equipment (PPE), and canceling non-emergency patient procedures. The American Hospital Association estimates […]
Affordable Long-Term Care Is an Urgent Priority In The US
There are many challenges ahead as AARP reports that the population age 85 plus, the most likely to need long-term care, will more than triple between 2015 and 2050. Elected leaders must rethink institutional care and its affordability and make improvements while creating innovative long-term care options for those Americans who are aging in place. […]