Just What is the Difference between Medicare and Medicaid?
Two programs exist in order to help seniors with their medical bills: Medicare and Medicaid. Unfortunately the two are often confused for each other. Some people even think that they ...
Are Your Records in Order? Medicaid Wants to Know
Applying for Medicaid is a difficult process. Since the application process requires a detailed accounting of all of financial information you have over a certain period of time, you are ...
Does Having Health Insurance Prevent me From Using Medicaid?
One of the most confusing, yet important, things about aging are what health benefits you may have access to. There are many rumors about how one set of coverage may ...
Be Careful Giving: It can Affect Your Medicaid
The season of giving is almost upon us. There is no better way to celebrate than by giving gifts to your loved ones. If you are not careful you may ...
Medicaid Transfer Penalty Exceptions
If you are looking to give away assets or money to your friends or family, you should be aware that those transfers can affect your Medicaid availability. Medicaid will look ...
Does Medicaid Count my IRA
If you or an elderly loved one has an IRA you might be wondering if the amount in the IRA counts as an asset when considering eligibility for Medicaid. The ...
Medicaid Application Strategies
The costs of long term care can be overwhelming. Nursing homes can cost many thousands of dollars a month which can deplete an elderly person’s resources very quickly. One source ...
What you need to Know about Medicaid Estate Recovery
If you are a senior of modest means then the idea of someday relying on Medicaid to handle your long term care costs has probably crossed your mind. After all ...
Health Savings Accounts
While a relatively new program, health savings accounts have been around for 10 years now. If you are not yet retired and are still working, you may want to take ...
Prescription Drug Formularies
No matter where you get your prescription drug coverage, you need to be aware of your plan’s prescription drug formulary. The formulary is a detailed list of drugs that are ...