Medicaid Planning / Nursing Home Planning

Our readers are likely not aware of the Medicaid Estate Recovery process. Medicaid Estate Recovery is something you should be aware of as part of your Medicaid planning. The term refers to a process initiated by state governments in order to recover payments made...

USA Today reports that states are increasingly limiting hospital stays covered by Medicaid in an effort to control rising health costs for the program and balance budgets affected by the struggling economy. Some states have limited the number of hospital stays covered...

In our previous post, we began looking at the issue of long-term-care and the difficulty many Americans have in purchasing long-term-care insurance. Here we continue that discussion.The insurance industry has struggled to persuade many older Americans they need...

When folks think about how they will pay for long-term-care as they age, there could be a number of reactions. Some will go out and purchase insurance products to protect themselves and their family, and others may choose to forego insurance products and plan on using...

A recent article in the Pocono Record, written by executive director of Families USA Ron Pollack, discusses the importance of planning for long- term care and learning about all the options available as one makes that transition in life. Elderly individuals can...

In our previous post, we began discussing an often overlooked aspect of Medicaid planning, namely caregiver agreements. We noted that the value of such agreements lies in their ability to prevent the recipient of health and financial management services from being...

According to sources, roughly 44 million adult caregivers provide some unpaid care to adults and seniors with disabilities. Those receiving services are elderly parents, disabled spouses, or another elderly family member. In these types of arrangements, family members...

In our previous post we began looking at the story of a 74-year-old man who is being evicted from the home owned by the elderly woman for whom he has been caring for 38 years.Here we continue that story and look a bit more at the importance of Medicaid planning. As...

Medicaid related property seizures can be traumatic and surprising for all those involved. A recent story in the Columbus dispatch highlights the importance of Medicaid planning.The story spoke of an elderly man how had cared for many years for an elderly woman. But a...

In our last post, we began discussing some of the issues surrounding paying family members to provide caregiving services. Here, we want to continue that discussion by talking about potential tax implications and how these arrangements may affect Medicaid...