Question: My mom suddenly needs to be in a nursing home. Should I spend down her assets so she qualifies for Medicaid? Answer: If you’re in a situation where your mother needs nursing home care, you ...

Medicaid is a joint federal and state health insurance program designed for low-income individuals that can help cover some of the costs associated with long-term care, including assisted living.

Long-term care costs like nursing home care can quickly drain retirement savings. Medicare provides little help paying these bills, but Medicaid can cover nursing home costs for those who meet strict ...

Those who entered nursing homes initially as non-Medicaid residents, particularly those with longer stays, were at risk of spending down their assets and enrolling in Medicaid, according to a December ...

High costs of long-term care necessitate discussions with clients of strategies to most effectively cover this contingency.

Explore Medicaid waivers, learn about eligibility criteria, and discover the various types, including home and ...

The U.S. has some of the highest elder care costs in the world and Medicare won’t cover them all. Discover ways to plan for ...