by David Edwards | Jan 24, 2018 | Aging Parents, Asset Protection, EC-MedicaidPage, Long Term Care Risks, Nursing Home, Uncategorized
Using a government benefit such as Medicaid is a fairly common way to pay for long-term care. According to AARP, 65% of nursing home residents use Medicaid to pay for their care. Unfortunately, there is a lot of misinformation out there, which makes this very...
by David Edwards | Nov 17, 2015 | Aging Parents, EC- HomePage, EC-MedicaidPage, End of Life, Long Term Care Risks, Nursing Home
While it may seem like a good idea that things like Medicaid applications and Veterans benefit apps are accessible and do-it-yourself, as with many things relating to government, it’s really not that simple. There are many things that can go wrong when people...
by David Edwards | Aug 7, 2013 | Aging Parents, Asset Protection Trusts, EC-MedicaidPage, EC-MedicarePage, End of Life, Funding and Asset Titling, Long Term Care Risks, Nursing Home
Medicaid and Medicare are two different programs (but with a similar name). Medicaid may help with nursing home costs, as we discussed in a previous case study. Medicare is health insurance that helps seniors pay for doctors, hospital stays and prescriptions. So, does...