راهنمای کامل مدیکید و هزینه‌های خانه‌های سالمندان: چگونه دارایی‌های خانوادگی خود را محافظت کنیم، ویرایش بازنگری‌شده دوم

With today’s large aging population, a growing number of people face the burden of placing their spouses or elder relatives in long term care. For many, this means choosing a Medicaid health care plan that makes sense. Medicaid is the largest health care provider program in the world, but what does it cover? Are you or your loved one qualified to be insured? Are you prepared to navigate the legal aspects of elder care? Due to recent changes to the Affordable Care Act, many of the rules and requirements of this medical insurance program have changed in expansive and complicated ways. As someone looking for coverage, how wisely you navigate your way through the application process can have a lasting impact on your health, finances, and peace of mind. With the help of this book, you will learn strategies to maximize the value of this important social safety net so that your future will never be in doubt. The size of your assets will go a long way in determining whether you or your loved one qualify for this crucial benefit or receive it at a time when you cannot afford the escalating costs of health care. Whether this involves an immediate need for health care or a foreseeable need in the near future, The Complete Guide to Medicaid and Nursing Home Costs makes complex terminology easy to understand, offers guidance in all aspects of elder law, highlights the issues facing you in the application process, and outlines sound planning strategies to get you started. These strategies include Medicaid application tips, methods of asset protection and asset reinvestment, and ways to evaluate your options of care. Whichever the case, this book is your complete one-stop guide to every situation you can expect to face as a potential Medicaid recipient or applicant in a vast network of available resources. In this book, you will learn all the legal means to protect your assets: the Federal Spousal Impoverishment Act, Medicaid trusts, and Medicare supplemental insurance. This book explains the complicated issues, terminology, and planning strategies of asset protection to the layperson An overview of Medicaid How to qualify & sign up Creative ways to qualify Asset protection strategies : safe investments Asset protection strategies : wills, deeds, & your home Long-term care options Single vs. married : resources Elder lawyers Alzheimer's disease & Medicaid. A comprehensive guide to understanding Medicaid and nursing home costs that provides legal advice on protecting personal assets, state and federal laws regarding nursing care facilities, and information on wills and trusts