Boomer Money
  • About
  • Fine Print and Privacy
  • Glossary – Definition of Financial Terms

Medicaid planning

Getting Medicaid to (Maybe) Pay for Your Nursing Home Costs: The (Updated) Guide.

October 28, 2021 by Linda Vaughn
Torn dollar bill with the word "Medicaid" over George Washington's face

The takeaway: Medicaid foots the bill for 62% of all nursing home residents.  Everybody else is paying over $100,000 a year.  To be one of the 62%, you need to know the following four things:  1) Medicaid’s financial requirements, 2) how to find legal help so you can potentially meet those requirements regardless of your … [Read more…]

Posted in: Long-Term Care Series Tagged: Long-Term Care, Medicaid, Medicaid planning, Nursing homes

Recent Posts

  • On a Personal Note…
  • Self-Insuring Your Long-Term Care. (Almost) Everything You Wanted to Know but Were Afraid to Ask.
  • Resilience: Your Most Valuable Retirement Skill. Here’s How to Build It. (Book Review.)
  • To Not Outlive Your Money, You’ve Got to Know Where it Goes
  • How to Stop the Sting of Retirement’s Out-of-Pocket Medical Bills. (Or at Least Reduce the Pain.)
  • My Encounters in the Wild with Long-Term Care Sales Agents
  • The Three Factors Affecting Your Long-Term Care Insurance Costs
  • How to Evaluate a Long-Term Care Policy. (Hint! Know These Three Things.)
  • Staring Down Your Long-Term Care Odds—Much Better News Than You Thought.

Categories

  • Annuity series (6)
  • Basics: Money and Investing (15)
  • Book Reviews (13)
  • Boomers – The Fabs The Fails (9)
  • Don't Outlive Your Money Series (15)
  • Drawing Down Your Nest-Egg (3)
  • Long-Term Care Series (14)

Copyright © 2025 Boomer Money... and More.

Lifestyle WordPress Theme by themehit.com