My spouse is going to have to move to a nursing home. When spending down assets for the sick spouse to qualify for Medicaid, does it have to be done before sick spouse is sent to a nursing home or can it be done even after the sick spouse is admitted to a nursing home?
Long-term care insurance helps pay for healthcare costs that aren’t covered by Medicare or conventional health policies.
Family members of all kinds have fought over money matters since time immemorial, but it may be worse for cash-strapped caregiving families. The costs of caregiving activities, including hiring aides, buying supplie, and covering medical and pharmacy copays, negatively affect family caregivers’ pocketbooks and morale.
Reaching the point where you need to consider residential options for your mother can be overwhelming. Not only is it emotionally fraught, there are also financial and legal considerations.
White House officials on Monday outlined more than 20 separate actions, many of them sought by advocates and opposed by the industry.
While the unpredictability of the future makes it difficult to plan ahead, becoming familiar with the options is important.