The sooner you think about this and do something about it, the better off you and your family will be.
Posts Categorized: Long-Term Care
There is no substitute for seeing for yourself rather than relying on ambiguous rating systems that can be manipulated.
This is government insurance for people who have very little money that covers, among other things, the cost of nursing home care.
For years, it has been an article of faith that Medicare would not pay for services such as skilled nursing or physical therapy unless that care improved a patient’s health status.
How did this misunderstanding go on for so long?
Michael Pirron called John Hancock to ask about the care options covered by his parents’ long term care insurance policies. Their answer was, essentially, “What policies?” The policies had lapsed eight months earlier, and it was too late to send in the past due amount and get them reinstated.
Could you be legally liable for paying for your parents’ care?
As long as you follow the rules, it’s OK to plan to qualify for a benefit funded by your tax dollars.
At first glance, the budget agreement includes an important trade-off — the creation of a national long term care commission . . .yet, there are elements in the measure creating this panel that are very troublesome.