Many people assume that Medicare is free; it is not. There are fees for service, premiums, deductibles and other costs that are associated with Medicare. If you fall into the gap where you do not qualify for Medicaid but cannot afford all of the Medicare premiums, there might be some help for you. Qualifying for [...]
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 answer can depend on a few factors, as well as what state you reside in. […]
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 of help can be Medicaid. In order qualify for Medicaid a certain income threshold must be met. Here are some ways to meet the asset [...]
While Medicaid is a federal program that every American may qualify for the program is administered by the states. This means if you or an elderly loved one are considering moving to another state, they may experience a change in their Medicaid benefits due to the move. Asset and Income Requirements The type of services [...]