Medicaid

Each year, the feds issue updated guidelines outlining how much of a couple's assets a healthy spouse can keep while their Medicaid spouse gets the long-term care support they need.

Medicaid can provide seniors with financial assistance for home care services. However, since the federal government and the individual states run Medicaid jointly, benefits coverage is different in each state.

Though Medicaid exists to help those who need it, navigating the specifics of what it covers and does not cover can be daunting. Here are highlights on the basics of Medicaid coverage.

Thanks to a new rule recently finalized by the federal government, obtaining and renewing health care coverage under the Medicaid program is set to become easier for millions of Americans.

As of late 2023, the median monthly cost of a semi-private room in a nursing home in the U.S. was close to $9,000. The vast majority of people cannot afford to pay these prices out of pocket over the long...

To qualify for Medicaid, you must have limited income and assets (in most states, no more than $2,000 in your name). If you have more than that, you may find yourself having to "spend down" your extra assets to meet the $2,000...

The prospect of long-term care often brings with it many financial concerns. As we experience our declining health or that of an aging family member, we begin to realize that long-term care needs at home or in a facility could...

Medicaid 101

If you need a medical procedure, you may have to hold off on treatment until you have received approval from your health insurance plan. Starting in 2026, this may no longer be the case once a new federal rule becomes effective.

Results of a recent survey led by the Department of Health and Human Services in Utah reveal that more than half of the state’s residents who lost their coverage during Medicaid's "unwinding" process in 2023 did not attempt to resecure their...