Medi-Cal, and Medicaid in general, are in place to help those that do not have the financial resources to pay for more expensive private insurance or Medicare supplements. Even though they might not be able to pay for insurance out of … [Read more...]
A Few More Ways to Pay for Care
Paying for care is one of those things that almost everyone worries about. Senior care, even when it is offset by some sort of insurance, can be very expensive. Although most seniors qualify for Medicare, this insurance covers almost … [Read more...]
Using a Medicaid Asset Protection Trust
A Medicaid Asset Protection Trust is a trust that is designed to help you move your money into an irrevocable fund so that you can more easily qualify for Medicaid. Money that is in one of these trusts does not count as funds that are … [Read more...]
Do You Need Assistance Making Care Decisions?
There are a large number of issues that senior citizens are facing today. Some of them have become so common that we don’t even spend a lot of time thinking about them. Think about the overuse of nursing homes as a means of senior care, the … [Read more...]
Senior Care Lessons from Florida and Texas
With the recent hurricanes coming through Texas and Florida, there has been a renewed focus on providing safeguards for those receiving senior care. Florida was especially impacted in this regard because of the fact that it has the nation’s … [Read more...]
Is Income Adjustment for Medicaid Ethical?
Not too long ago, there was an article published in the New York Times concerning Medicaid and the ethics of adjusting your income in order to qualify for it. Medicaid is at the center of all of the health care reform talk that is going on … [Read more...]
Is Using Medicaid a Bad Idea? Not Necessarily.
A lot of people wonder whether or not it is worth it to pursue having Medi-Cal or Medicaid pay for senior care. The answer will differ from family to family, but regardless of your situation, there are a few general things that are worth … [Read more...]
Medicaid Pros and Cons
When a loved one moves into a nursing home, Medicaid (or Medi-Cal here in California) is one of the most often used methods of payments. Medicaid has benefits because it helps those with limited income to pay for medical treatments when … [Read more...]
What Does Your Insurance Really Cover?
Knowing what is covered for you and your family when it comes to elder care costs is important. It’s also important to look at what is not covered by your current health and other supplemental types of insurance. This preparedness seems … [Read more...]
Using Medicare for In-Home Care?
Medicare covers very little when it comes to in-home care, but that doesn’t mean it covers nothing. In some instances, Medicare will cover the costs of home health care, but only on limited and temporary basis. For this to happen, each of … [Read more...]
Do You Understand Medicare?
Do you understand Medicare? If you’re like most, the answer is no. Even licensed health insurance agents often don’t understand all of the ins and outs of Medicare, and this can be a very problematic thing for the individuals that need … [Read more...]
Paying for Care When Medicaid Isn’t a Choice
Senior care is expensive. There’s no sugar coating that fact, unfortunately. Even if you decide to leave your fulltime job to provide care for a loved one, you are paying quite a bit to do so, albeit in the form of an opportunity cost. … [Read more...]