The Future of Long-Term Care In 2022
Taking a look at your life and health care planning at the start of each new year is more critical than ever. As Americans continue to respond to COVID-19's many iterations, we identify what is most important in our lives to preserve our health and financial future. For many, the mere
Medicaid’s Shift from Nursing Facility to Home Care
According to Forbes.com, about half of all long-term care insurance claims are from policyholders living with dementia. The federally run program Medicaid is the primary financing mechanism of LTC where most of the monies are spent on institutional care settings that are ill-equipped to handle an increasingly large and longer
Second Marriages and Medicaid
A new spouse’s possible future illness and how much it might cost is most likely the last thing you think about when you say “I do” for a second or third time. But that could happen. Current costs for long-term care facilities can run between $70,000 – $150,000 annually. Studies
How an Elder Law Attorney Can Help you And Your Family
As the baby boomer generation ages and the influx of international migration continues, the senior citizen population of the United States is increasing rapidly. Although the US average life expectancy has seen a slight three-year decline, many Americans, men and women, live well into their 80s, 90s, and beyond. An
How the Centers for Medicare and Medicaid Services is Responding to Covid-19 in Nursing Homes
Nursing homes, one of the smallest population sets in the US, account for the largest demographic percentage of COVID-19 deaths. Statistics vary, but most accept that elder Americans in nursing homes account for at least 40 percent of all US coronavirus deaths. This tragic statistic is, in part, attributed to
Isolation During COVID-19 May Increase the Risk of Elder Abuse
As some of the most vulnerable Americans to the COVID-19 pandemic, older adults are staying at home to lower their risk of infection as the coronavirus spreads throughout communities. The American Bar Association (ABA) reports that an unfortunate outgrowth from this isolation is an increase in risk factors for elder
Comparing Medicaid and Medicare – What’s the Difference?
Medicaid and Medicare are two programs that people often confuse, so what really is the difference between them? Most people who work in healthcare may recognize the acronym LASA, which stands for “look-alike-sound-alike” and is usually seen when referencing medications. When it comes to federal programs, Medicaid and Medicare, in