How Will I Pay for the Costs of Monthly Long-Term Care?
Paying for long-term care can be a significant financial challenge. Options to cover these costs include personal savings, long-term care insurance, Medicaid, and veterans benefits. Each option has specific eligibility requirements and coverage limitations, so it is important to explore all available resources and plan accordingly. 1. Personal Savings. Using personal savings to cover long-term […]
What is a Medicaid Qualified Income Trust (Miller Trust)?
A Medicaid Qualified Income Trust, also known as a Miller Trust, is a valuable tool for individuals whose income exceeds Medicaid eligibility limits. Understanding how a Miller Trust works can help you qualify for Medicaid benefits without compromising your financial stability. A Miller Trust is a legal arrangement that allows individuals to qualify for Medicaid […]
How Long Will Medicare Pay for Rehabilitation After a Hospital Stay?
Did you know that understanding Medicare’s coverage for rehabilitation services after a hospital stay is essential for planning your recovery? We know that you may have questions and want to share key information in our blog to explain the duration and extent of Medicare coverage for rehabilitation and what to expect during the recovery process. […]