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...
Budgeting: The 5 Uses of Money with Scott Goldsmith
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Long-Term Care
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....