The vast majority of nursing home stays are paid for either through Medicaid or through private means that may include long term care insurance or paying directly out of pocket. A distant third in paying for nursing home coverage is Medicare. Medicare pays for nursing...
A stay in a nursing home can potentially wipe out the life savings of all but the wealthiest families. Medicaid does cover nursing home stays, but since Medicaid is a needs based program, individuals must be below relatively strict financial limits to qualify for...
When planning Medicaid eligibility for someone who may need a nursing home stay, the focus is typically on making the spouse who needs care eligible for Medicaid nursing home coverage through shifting assets to the spouse who does not need nursing home care. In this...
In response to the coronavirus, Martha C. Brown & Associates is now conducting business remotely. For the time being, our physical office is closed, but the firm is still open for business, over the phone, during our normal business hours of 9:00 a.m. through 5:00...
Social Security now allows for the advance designation of representative payees for beneficiaries. The advance designation is available for current beneficiaries of Social Security, Supplemental Security Income (SSI), or Special Veterans benefits. An advance...
