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Medicaid and Long-Term Care

Medicaid is the government program that provides health care to poor people. The debate over it, often focuses on how much is being spent on poor children and poor working age people.

What is often left out of the debate, is that Medicaid also provides services to a great many elderly people.

In fact, the majority of people in nursing homes today have their care paid for by Medicaid. With potential cuts possible in the future, Medicaid reductions have implications for people who are now nearing retirement age.

This is the subject of a New York Times article titled “How the Medicaid Debate Affects Long-Term Care Insurance Decisions.”

Estimates are that approximately half of the people turning 65 today, will eventually need nursing home care. Many of them can expect to need it for five years or more.

If Medicaid will not be available to pay for that care in the future, then people need to make plans for how they will pay for their care.

There are options available, such as self-funding for those who can afford it and long-term care insurance, which is very expensive.

If you have questions about your options for nursing home care in the future, consult with an elder law attorney about them.

Reference: New York Times (July 14, 2017) “How the Medicaid Debate Affects Long-Term Care Insurance Decisions.”

 

Hear From Our Clients
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I heard Cindy’s presentation at a Senior Luncheon at my church, and was very impressed. She helped my daughter and me understand many aspects of elder law. Josh has also been very helpful in my planning to enter an independent living situation . I have told many friends about them.

- Charlotte

The very best elder law attorney and staff anyone could ever ask for! I have referred a number of clients to Cindy and she never disappoints. She is kind, caring, and extremely thorough in making sure everything is completed as it should be. I highly recommend Cindy for anyone needing lawyer services; she truly goes above and beyond for every client she helps and has had a huge impact in so many peoples’ lives. Thank you, Cindy and staff, for everything that you do- I’m so glad to know you!

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Cindy and the Nelson Elder Care Law team are trustworthy and helpful. They are the experts in elder care law. At Leaf Cremation, we entrust our families to the care of the Nelson team when their services are needed.

- Pierce

Josh Nelson, and his staff, have been amazingly helpful to our family. The ins and outs of nursing homes, the rules and regulations that govern Medicare and Medicaid are daunting and the folks at Nelson Elder Care Law have been informative, responsive, and above all, empathetic. I cannot emphasize enough how their service has taken a weight off of our shoulders especially during a world pandemic that has targeted nursing homes across our country. I highly recommend retaining Josh and his firm!

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I had a simple legal question to them that I needed answered and they very helpful in giving me the information I needed. I highly recommend them and will reach out to them if I need more advice or assistance. Thank you for taking your time to just answer a couple of questions I had!

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