All long-term care costs rose sharply in 2020, but assisted living facility costs increased the most, according to Genworth’s latest annual Cost of...
Long-Term Care
Can You Visit Nursing Home Residents After They Are Vaccinated?
When can you visit nursing home residents after they are vaccinated? COVID vaccines are starting to roll out to nursing homes across the country,...
In Need of Assisted Living? How to Protect Assets through the Medicaid Half-and-Half Plan
Hoosiers are fortunate to have a Medicaid program that covers alternatives to nursing home care as not all state Medicaid programs include such...
Budgeting: The 5 Uses of Money with Scott Goldsmith
Once an individual is approved for Medicaid benefits, he or she will receive such benefits subject to the payment of his or her liability. The...
Five Valuable Tips When Caring for a Parent at Home
More and more children are living with their parents when their parents begin to need supports for their care. This situation can occur either with...
What’s the Difference Between Medicare and Medicaid in the Context of Long-Term Care
Although their names are confusingly alike, Medicaid and Medicare are quite different programs. Both programs provide health coverage, but Medicare...
New Study: Retirees Need $130,000 Just to Cover Health Care
A new study from Fidelity Investments claims that “today's 65-year-olds can expect to spend an average of $130,000 on health care during their...
Medicaid Help with Long-Term Care without Complete Impoverishment – Pt. 1 (Single Person)
This is the first post in a two-part series. Click to read part two. Let me share with you a hypothetical case involving an aged woman now in...
Cost of Long-Term Care Increases, Again
If you feel that the cost of long term care keeps rising every year, you are right. In fact, it’s steadily and rapidly risen over the past decade....