This is a table that shows the minimum assets and income each state allows nursing-home residents and their spouses to keep.
Tag: maximum
Jun 29
What Does the Supreme Court’s Decision to Nullify DOMA Mean for Medicaid LTC Benefits?
Publicity around the Supreme Court’s decision to nullify the Defense of Marriage Act on June 26, 2013 has centered around the ability to file joint tax returns and collect survivor social security benefits. My first reaction was “What about the ability to take advantage of the spousal impoverishment benefits under Medicaid?”
Apr 30
How much does long-term care insurance cost? (rate calculator for sample plan)
Buying long-term care insurance is like buying a car. You pay for the core components like an engine and four wheels with tires on them, then add the options that mean the most to you.
Mar 13
Your Customized Benefit Selection Process
The following is an abbreviated section from my book The ABC’s of Long-Term Care Insurance – keepin’ it REALLY simple for you, folks! To simplify the benefit selection process, there are six major choices that impact a premium. Here is each choice and a recommendation. 1a) Daily or Monthly Benefit – Look at the average …
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The ABCs of Long Term Care Insurance
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Protecting Your Family
With Long-Term Care Insurance
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Protecting Your Family
With Long-Term Care Insurance
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