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medicaid

How Will You Handle The Cost Of Long-Term Care?

February 6, 2019
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Written by Matt Boelter, Financial Advisor I started volunteering at assisted living and memory care retirement homes when I was about ten years old.  I got involved because I lived in a small town and my mother was part of the care staff, but I always enjoyed listening to the stories and wisdom that the residents…

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Medicaid Liens and Estate Recoveries

March 20, 2017

What are Medicaid liens and estate recoveries? Federal law encourages states to seek reimbursement from Medicaid recipients for Medicaid payments made on their behalf. There are two types of cost-recovery actions against the assets of Medicaid recipients: (1) real or personal property liens, and (2) recovery from decedent’s estate. A Medicaid lien is a form…

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Coordinating Long-Term Care Insurance with Government Benefits

January 18, 2016
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If you’re a senior, the future may present more of a concern than it once did–you may wonder what you’ll do if your health deteriorates. If you must enter a nursing home, for example, how will you pay for it? Fortunately, you may have several options. One such option is long-term care insurance (LTCI). Government-regulated…

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Medicaid and Nursing Home Care

January 15, 2016
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As you enter your 60s and 70s, health may become more of an issue than it once was, and your thoughts may turn to the future. Who will take care of you when you can no longer care for yourself? If you must enter a nursing home, how will you pay for it? By learning…

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Medicaid Liens and Estate Recoveries

January 14, 2016

What are Medicaid liens and estate recoveries? Federal law encourages states to seek reimbursement from Medicaid recipients for Medicaid payments made on their behalf. There are two types of cost-recovery actions against the assets of Medicaid recipients: (1) real or personal property liens, and (2) recovery from decedent’s estate. A Medicaid lien is a form…

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Getting Health Insurance When You're Hard to Insure

July 3, 2015

If you’re older and/or in poor health, you’re definitely somebody who should have health insurance coverage. Unfortunately, you don’t, and you’re having difficulty getting it. All of the insurance companies you’ve applied to refuse to offer you coverage because they see you as too great a risk. They may even classify you as totally uninsurable.…

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Medicaid Planning Basics

May 8, 2015

The best time to plan for the possibility of nursing home care is when you’re still healthy. By doing so, you may be able to pay for your long-term care and preserve assets for your loved ones. How? Through Medicaid planning. Eligibility for Medicaid depends on your state’s asset and income-level requirements Medicaid is a…

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Frequently Asked Questions – What is the Medicare open enrollment period?

December 10, 2012
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The Medicare open enrollment period is the time during which people with Medicare can make new choices and pick plans that work best for them. Each year Medicare plans typically change what they cost and cover. In addition, your health-care needs may have changed over the past year. The open enrollment period is your opportunity…

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The Basics of Long-Term Care Insurance

November 19, 2010
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Thinking about the need and the costs of long-term care is enough to make anyone uncomfortable. But while it’s a difficult subject to talk about, it’s also a topic that often generates lots of questions and misunderstanding. Consider this: The average cost of nursing home care in the United States now exceeds $70,000 per year,…

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