Qualifying for Medicaid

Getting ready for retirement usually means examining Medicare options, downsizing and beginning to budget with retirement funds.  One preparation which may not come to mind is paying for long-term care.  This type of care includes nursing home, hospice, and personal care services and is not covered by Medicare.  While some may have long-term care insurance… Read More »

Medicaid and Your Long-Term Plans

Seniors entering their retirement years are often concerned about planning for their future medical needs.  Some may have private health insurance policies in place while others plan to be mostly reliant on Medicare.  For many, it may be a surprise to learn that their insurance and Medicare will not include the coverage associated with long-term… Read More »

Seniors and Bankruptcy

With the rising costs of healthcare and the decreasing amount of medical coverage offered under most insurance plans, many seniors find themselves struggling to pay expensive medical bills.  Further, retired individuals on fixed incomes may find themselves confronted with unexpected medical costs such as long-term care which they struggle to afford.  Increasingly, for those seniors… Read More »

Program for All-Inclusive Care of Elderly (PACE)

The goal for many seniors is to remain in their own homes as long as possible.  Unfortunately, some seniors may experience healthcare challenges which can make living in their home more difficult.  For those Michigan seniors who have encountered medical challenges and would like to continue living in their home environment, the PACE program may… Read More »

How to Qualify for Medicaid Without Losing your Home or Life Savings

Medical coverage will probably become increasingly important for those who are entering their retirement years.  For many seniors, Medicare helps pay for their standard medical expenses.  This coverage, however, does not extend to certain kinds of necessary long-term care.  Under these circumstances, individuals 65 and older often turn to Medicaid in order to pay for… Read More »

Medicaid Planning

Affording long-term nursing or other personal care services can be difficult for those who need these services.  It may come as a surprise to some that these necessary medical services are not covered by their Medicare plans.  This situation leaves many people in the position of relying on the Medicaid program to pay for this… Read More »