As you age, your odds of needing long-term care (LTC) increase. If you do end up in a nursing home, or other LTC facility, you can expect to pay over $8,000 a month, on average, for that care in Indiana as of 2019. Neither Medicare nor private health insurance are likely to help with your LTC expenses which is why over half of all seniors in nursing homes rely on Medicaid to help with their LTC expenses. Although Medicaid does cover LTC costs, qualifying for Medicaid can be problematic because of the income and asset limits. Medicaid planning helps ensure that you will be eligible when the time comes.