For decades now, the Medicaid program has been providing health insurance for millions of the nation’s low-income families and seniors. At times, the program has been a source of controversy. At other times, it has received praise for the difference it makes in the lives of many American citizens. It is, however, a government program – and like all government programs, it’s only as effective and … [Read more...] about How Will Florida’s Surprise $75 Million Medicaid Bill Affect You?
For decades now, there has been an ongoing debate over the size and scope of the Medicaid program. Created more than half a century ago to help provide health care insurance to low-income Americans, the program has been a favorite target for some politicians and policy gurus whenever issues like debt, budgets, or healthcare policy are discussed. Since the program represents a sizable portion of … [Read more...] about The Cost of Medicaid: What it Means for You
If you live in Florida and have watched a loved one struggle to pay the high cost of nursing home care, then you may have some idea about just how expensive that care can be. For many seniors, long-term care can cost $7,000 a month or more – an amount that is far more than the average retiree could even hope to manage on her own. That’s why so many residents in Florida and around the United States … [Read more...] about Can You Meet the Eligibility Requirements for Medicaid?
Most experts recommend that we plan for nursing home costs many years before we need care. As a rule, the high costs associated with long-term care should motive people to prepare for those expenses years in advance, with asset protection plans that can help to ensure that they qualify for important benefits like Medicaid. In the real world, however, few people ever have that foresight. That … [Read more...] about No Time to Plan: When Emergency Medicaid Strategies Could Be Your Last Hope
Most people have at least a vague idea of what Medicaid is and what type of benefits the Medicaid program offers to those who are eligible. Unless you have participated in the program before, however, you may find that much of what you believe about the program is not rooted in fact. As you get closer to your retirement years, it becomes more and more important to separate fact from fiction where … [Read more...] about Port St. Lucie Medicaid Planning — Top 5 Medicaid Myths
That’s a question that many Florida seniors eventually find themselves asking, and it’s an important one. The fact is that nursing home costs have skyrocketed in recent decades, and the average senior can be placed in a perilous position when nursing home care is necessary but he or she lack the means to pay for that care. Without Medicaid, many of the state’s seniors would be left without any … [Read more...] about I Need Nursing Home Care; Do I Qualify for Medicaid?
Six years after the passage of the Affordable Care Act, the debate over the law and how best to apply it continues in the state of Florida. Recently, a group of academics, religious leaders, and politicians supportive of the Act’s Medicaid expansion provisions gathered outside City Hall in Tampa Bay, FL to call on legislators to reverse their opposition to expanding Medicaid access for the state’s … [Read more...] about New Calls for Florida Lawmakers to Reconsider Opposition to Medicaid Expansion
For parents of Florida children who have been struggling to provide their families with the medical care access they need to enjoy optimal health, recent news related to a decade-old class action lawsuit may offer new hope. A settlement reached last month between the plaintiffs, the state’s healthcare officials, and an independent medical and dental group obligates the state to work to improve … [Read more...] about Expedited Medicaid Enrollment for Children a Benefit of New Lawsuit Agreement
Sometimes a client who is thinking about the possibility of going to a nursing home will ask me if the nursing home will get half of their assets. The real answer is it depends on the situation and whether or not you have planned ahead. If you are a single person and need Medicaid help to pay for a nursing home you must spend down your assets until $2,000.00 remains. How one spends down to qualify … [Read more...] about Does the nursing home get half of my assets?
A lot of people have questions about Medicaid in Florida, especially when it comes to using the program to pay for long term care costs. Who can use Medicaid? When? What are the requirements? How can someone with significant assets use Medicaid without having to first spend down those assets? Today we are going to take a look at some commonly asked questions about Medicaid in Florida. What is … [Read more...] about 5 Commonly Asked Questions About Medicaid in Florida