Medicaid and Gift Giving Can Be Risky. Here’s a brief story to help you understand. Mabel’s children were concerned that Mabel would need long-term nursing-home care in the near future. It was the holidays, and Mabel always got a lot of joy out of generosity. But her children had heard that people in Mabel’s circumstances […]
MaineCare (Medicaid) is a joint federal and state program available to individuals who meet certain asset requirements that help them pay for long-term care (LTC) costs. Long-term care often creates devastating financial impacts on Americans, particularly the elderly, and for those family members who lose hours of income (and more) while providing care for their
The federal government formally ended the Covid Public Health Emergency (PHE) on May 11, 2023. The conclusion of the PHE also ended a requirement of the Families First Coronavirus Response Act (FFCRA) that kept people continuously enrolled in Medicaid programs through the end of the PHE. The end of continuous enrollment has seen many beneficiaries
Medicaid Disenrollments May Affect Patients in Long-Term Care Facilities Read More »
For seniors and people with disabilities, Medicaid is an important federal and state partnership program for health and long-term care coverage. Qualifications for Medicaid vary by state, with overarching federal guidelines. The Kaiser Family Foundation (KFF), a nonprofit organization focusing on national health issues, recently released findings from their 2022 50-state survey on pathways for
Medicaid Qualifications for Seniors and People with disabilities Read More »
If there is a possibility that a loved one might need Medicaid assistance in the foreseeable future, that person should not be giving gifts. This can be sad if that person gets joy out of generosity. But gifts in that situation can turn out to be very, very expensive. Medicaid is the government program that
Medicaid: It is Not Always Better to Give Than to Receive Read More »