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 […]
How Hybrid Long-Term Care Insurance Can Protect Your Savings and Home If you’ve ever looked into the cost of nursing home care, you know how overwhelming it can be. The average cost of long-term care in Maine and across the U.S. continues to rise each year — and Medicare covers only a small portion of
Genetic Testing Scams: A Growing Threat to Medicare Beneficiaries The U.S. Department of Health and Human Services Office of Inspector General (HHS-OIG) has issued a national alert warning Medicare beneficiaries about a new type of healthcare fraud involving genetic testing. Federal authorities are investigating this widespread scam, which has already led to charges against 35
Medicare Coverage for Long-Term Care: What Seniors and Families Need to Know Many people assume that once they turn 65 and begin receiving Medicare, most of their health care — including long-term care — will be covered. Unfortunately, that’s not entirely true. While Medicare provides excellent coverage for acute and short-term medical needs, it offers
The Difference Between Medicare and Medicaid It’s easy to confuse Medicare and Medicaid — after all, they look and sound alike. But while both are government-run health programs created to help Americans afford medical care, they serve very different purposes. Understanding how these two programs work — and how they may overlap — is essential