The high cost of long-term care has made planning a critically important issue to many seniors.  In fact, most seniors will likely require some form of long-term care. Sadly, many are unprepared for the significant financial burdens. 


Although some seniors can afford private pay care, the cost of long-term care will wipe out savings of all but the wealthiest families in a matter of years, or sometimes months.  Those who have planned by purchasing long-term care insurance have some degree of peace of mind, knowing that they have a lesser need to rely on other sources in the future.  Unfortunately, many cannot afford the high cost of long term care insurance or worse, because of age or medical condition, cannot qualify for long term care insurance at all.  If you do have long term care insurance, be aware of what your policy covers.  Many policies have high deductibles or provide for only a short period of care in a facility. In fact, many who have long-term care insurance may still have to rely on other sources to pay for their care.


One option to help pay for care is Medicaid.  A joint federal-state program, Medicaid provides medical assistance to low-income, age 65 or older, disabled or blind individuals. Medicaid is the largest payer of nursing home bills in America and serves as the option of last resort for people who have no other way to finance their long-term care.

Medicaid eligibility rules vary from state to state, and federal minimum standards also must be observed. There is a myriad of regulations to consider, including look-back periods, income caps, transfer penalties and waiting periods.

Our law firm has the experience to help avoid the financial ruin associated with the high cost of long-term care.  Contact us today to start the process of understanding the issues surrounding Medicaid eligibility, other long-term care benefits, and to implement the planning and application process.


For those who have honorably served our country, or their surviving spouses, there may be an opportunity to obtain supplemental income through the Veterans Administration (VA). The Veterans Pension program provides a tax-free monthly benefit payment to certain wartime veterans, or their surviving spouses, who demonstrate financial need. We have VA-accredited attorneys to help you determine whether you are eligible for this important benefit, which can often help provide for needed care.