often resulting in a family’s loss of income. In 2023, the average cost of private long-term care — meaning for a private room in a nursing home — was$116,796 per year. Currently, Medicaid, a program that provides medical
citizenship, including access to items, services, and benefits, such as the Child Tax Credit, Medicaid, the Supplemental Nutrition Assistance Program (SNAP), WIC, Vaccines for Children (VFC), and child care (assistance).” In Harm’s Way concludes: “The attack on birthright citizenship is an...
Dr. DelFattore has bought long-term care insurance in the past so that she can afford to live in an assisted living facility. Most Americans won’t be able to pay for care out-of-pocket because they don’t have enough money to qualify for Medicaid. Policies lag behind reality. The beli...
Mom knew all about the high cost of professional care and private pay. She also knew all about the Medicaid look-back period and estate recovery. So Mom's response was turbo-level self-neglect. Her big quest to "not spend their inheritance" (and dementia creeping in) jeopardized her safety...
“The rural independent practices have probably been hurt the worst,” said Greg Griggs, head of the NCAFP. He noted that those practices have a mix of payers that lean heavily on Medicare and Medicaid, government programs that reimburse for care at lower rates than commercial payers su...
The Centers for Medicare and Medicaid Services published anofficial government bookletas a guide for people exploring nursing homes or other long-term services. Some of the information covered includes how to find a nursing home, how to pay for care, residents’ rights, and alternatives to nursing...
• Find the Right Living Arrangements • Elder Law • VA Benefits • Medicare / Medicaid Elder care planning is very complicated. “Information” does NOT equal “knowledge.” Information is extensive and available at your fingertips – in libraries and on the Internet. But competent worki...
$104,025 for a semi-private room at a skilled nursing facility. Consider that someone who needs long-term care uses these services for three years on average, and you can see how these expenses can quickly deplete a nest egg. Many seniors turn to Medicaid, a needs-based public...