Over thirty years ago, Congress passed legislation protecting the savings of married couples in need of Medicaid coverage. These protections prevent husbands and wives from bankrupting themselves trying to fund care for their loved ones. They originally required states to…
In case you believe you do not qualify for Medicaid's long-term care benefits due to its strict asset and income limits, you might want to reconsider. If you currently demonstrate the need for nursing home facility services, you may meet…
As per findings from the US Department of Health and Human Services (HHS), about 70% of retirees in the United States will need some long-term care (LTC). The median cost for such services is expected to range between $53,768 and…
The Medicaid program helps low-income seniors with limited income and assets access healthcare and long-term care. Many seniors believe their only option to qualify for the program is to “spend down” their assets. While this is true in some cases,…
As seniors age, they increasingly count on help from family and friends to take care of their financial and health care matters. They often believe that their family members will be able to take care of any issues that arise.…
As the baby boomer generation ages, and the influx of international migration continues, the number of senior citizens in the United States is steadily growing. Although the US average life expectancy has seen a slight three-year decline, many Americans, men…