For people who plan to rely on Medicaid for long-term care, knowing the differences in the states’ coverages may be a factor in deciding where they want to live in retirement.
The problem with self-insurance is that you don’t know when you’ll need the coverage. It’s not just for seniors; many people aren’t saving enough for retirement now.
Medicaid/CHIP enrollment rising as growing number of states expand Medicaid under Obamacare.
Seniors can have a power of attorney in place, a health care directive and a will, but all of that planning can be overturned by a guardianship being established by a nursing home.
The National Council on Aging has a to-do list for Congress to ensure more older Americans achieve health and economic security.
Renting versus buying is another decision. What’s available and affordable in the area where you decide to live is a consideration.
Physicians say Medicaid’s return to 2012 fees will leave increasing enrollees with fewer care options.
The middle class has a few options in paying for long-term care costs.
Medicaid might pay your nursing home costs, but is that what you want?
If you want Medicaid to pay for your nursing home costs, now is the time to figure out a plan.