Indianapolis Medicaid attorneys at Frank & Kraft will help you to make an advanced plan to ensure that you can protect the maximum value of assets while qualifying for Medicaid. Medicaid is a means-tested program with limits on the assets you can have if you want to get covered for nursing home care. If you have too many assets and resources, you won’t be able to get covered until you’ve spent down your wealth. However, if you talk with an attorney long before you need care, … [Read more...] about When should you talk with Indianapolis Medicaid attorneys?
Indiana Medicaid laws affect when and how you can qualify for Medicaid coverage for nursing home care or in-home long term care services. Knowing these laws is very important to making plans to pay for long-term care. The reason why knowing Medicaid laws is vital is that Medicaid is likely the only source of payments for long-term care services. Medicaid will cover you for custodial care in a nursing home, which is the basic routine daily care that most nursing home … [Read more...] about How should Indiana Medicaid laws affect your long-term care planning?
Many seniors do not realize how much older people need to pay for medical costs during retirement. It is commonly believed that Medicare will cover most or all costs once a person turns 65. The reality, however, is there are significant limitations to what Medicare will cover. It won’t pay for nursing home care, for hearing aides, for dental and vision care, and for a variety of other services that seniors may require. Medicare also does not always provide full and comprehensive … [Read more...] about How much will seniors need to pay for medical costs during retirement?