Unlike Medicare, which is open to everyone over retirement age, Medicaid benefits are only available to those with financial need. Medicaid will cover significantly more than Medicare will, especially for those who require a stay in a nursing home or rehabilitative...
Medicaid
Medicaid planning: Why it is wise to start now
As you get older, there may come a time when you require long-term care at home or in a care facility. Paying for these services can be expensive. While Medicaid can cover these costs, too many people wind up exhausting most of their personal resources before they are...
Medicaid planning explained for Virginia seniors
Though nobody likes to think about it, there is a chance that you will eventually need to live in a nursing home or assisted living facility. None of us can predict what will happen as we get older. While you might be fortunate enough to live independently for the...
What is a Medicaid spend down?
If your parents have reached the age and state of health where moving to a nursing home is a definite future possibility, you and they need to start planning for this eventuality now. Why? Because unless your parents are quite wealthy and can afford to pay for...