Most nursing home residents in the U.S. have at least some of their medical costs covered by Medicaid. If you expect to be part of this group, or if you have a parent or spouse who is part of this group, you should be aware of estate recovery measures.Broadly, estate...
Medicaid Planning
Changes could be coming to Medicaid eligibility process
Millions of Americans depend on Medicaid to help with their medical expenses and care needs. However, the application process is complicated and eligibility requirements are strict. Qualifying for and keeping these benefits can also be challenging.These could become...
Reasons you may be denied Medicaid coverage and what you can do
Health coverage through Medicaid is crucial for millions of Americans. Without it, people can lose or be denied access to dental services, prescription medication, preventative health care and emergency care.Therefore, it is important to understand what factors may...
How are you going to pay for a nursing home?
Planning for nursing home care can be more complicated than people realize, especially when it comes to utilizing funds from programs like Medicaid.As such, taking time now to plan for care in a nursing home can allow you make strategic decisions that make it easier...
Understanding the ‘look back period’ for Medicaid eligibility
As people get older, their future care needs become increasingly important to think about. How will they pay for care if they suffer a serious illness or injury? What will their quality of life look like if they live in a nursing home or assisted living facility?These...
Medicaid planning can help protect home ownership
People in Colorado, and the United States generally, are living longer and healthier lives. The longer a person lives the more likely it becomes that he or she will require some form of long-term care. Medicaid is a principal provider of coverage for long term care...
Could a Medicaid spend down help pay for assisted living?
Many people may think of nursing homes when they hear about an assisted living facility, but the two are not quite the same. Assisted living facilities are usually not equipped with the same level of medical care that is available in a nursing home, and instead focus...
Early planning may help prevent Medicaid estate recovery
As you create your estate plan, you will likely start planning for the high cost of nursing home care. Should you need to go to a nursing home, you want to qualify for Medicaid's asset and income requirements. Fortunately, your house is usually exempt from Medicaid's...
A progressive disease diagnosis may jumpstart future planning
Some people may have led relatively healthy lives and still find themselves facing serious medical diagnoses. For some Colorado residents, the diagnosis could involve a progressive disease like ALS or another motor neuron disease that could severely impact their...
Can someone receive home health care through Medicaid?
One of the most important things to consider as a loved one ages is health care. There are a number of possibilities, depending in part on where someone lives and their preferences. But increasingly, older Americans are looking to remain in their home.A Pew Research...