If You are on Medicaid, A Deadline is Rapidly Approaching.

Did you receive a $600 stimulus check a year ago? If You are on Medicaid, A Deadline is Rapidly Approaching.

Did you receive a $600 stimulus check a year ago?  It was not considered income when it was received. But now that it’s a year later, if that stimulus check caused you have more than $2000 in your savings, you will become ineligible for Medicaid and lose all benefits.… Read more...

Alzheimer’s May Strike Women and Men in Different Ways

At the end of February, the website HealthDay published an article entitled “Alzheimer’s May Strike Women and Men in Different Ways”. (https://consumer.healthday.com/2-25-alzheimers-may-strike-women-men-in-different-ways-2650728831.html )

Here is a quote from that article: “The ravages of Alzheimer’s may strike later in women than men, but once it takes hold women tend to deteriorate far faster than men, according to a new study.… Read more...

You’ve planned ahead–or have you?

Rome's Whiteboard

So, you’ve given the house (or farm or some other assets) to the children long ago so the government will pay for your long-term care, and you’re feeling proud of yourself for having planned ahead.   But, I have some bad news for you—did you know that almost no assisted living facilities will accept you if you are on Medicaid? … Read more...

It’s the Holidays, Let’s Talk

Rome's Whiteboard

How long has it been since you have seen all of the family?  How are they doing?  Perhaps not as well as last year?  Perhaps it’s time to talk.

It’s the holidays, this is the time of year when many families realize a family member is not doing as well as s(he) has in the past, and may need some help. … Read more...

Have you ever wondered….

Do you have questions about the cost of long term care?

Do you have questions about the cost of long term care?

Are your clients confused about the many options, how to choose coverage, or if it’s necessary for them?

I’m Romeo Raabe LUTCF, LTCP and I’m known as The Long Term Care Guy–in fact, my website is www.TheLongTermCareGuy.comRead more...

Homes Might Turn Away Medicaid Residents

Some homes might have to turn away residents covered through Medicaid

Some homes might have to turn away residents covered through Medicaid because the operation simply can’t afford the low reimbursement rate in return. If a home accepts too many Medicaid residents, it’s at risk of closing permanently and not having the ability to serve its current Medicaid residents, Vander Meer said.… Read more...

Why Medicaid Long Term Care is a Bad Choice

What Can I Do About Long Term Care

Many people don’t realize that, in addition to traditional health care, Medicaid actually pays for most long-term care (LTC) in the United States.  In fact, less than 40% of Medicaid dollars are used to pay for traditional health care.  The small portion of Medicaid recipients (just over 20%) whose long-term care services are paid for by Medicaid use over 60% of the Medicaid budget dollars.… Read more...