
What are the Differences Between Medicare and Medicaid Reimbursement?
The government calls these payments “reimbursements,” and Medicare and Medicaid do not handle this process the same.

The government calls these payments “reimbursements,” and Medicare and Medicaid do not handle this process the same.

When a spouse enters a nursing home, the cost of care can be financially devasting. Many families are simply unable to afford long-term care, without applying for Medicaid. To qualify for Medicaid, there are limits on the resources that an applicant may have. Resources include both income and assets.

Let’s take one couple, Tom and Louise, who have been married to each other for over 50 years and live in the same home they bought when they first got married.

People frequently hear that they should visit their attorney to have their wills and other important legal documents prepared, but many people procrastinate. Therefore, if you’re in that group, do not feel like you’re alone.