“How to Get Medicaid for Nursing Home Care Without Going Broke,” by Jane Wollman Rusoff, ThinkAdvisor

“Well-off people can easily go broke paying for sky-high nursing home care: First they deplete their own funds and then, eventually needing Medicaid, spend down nearly all the rest of their assets to qualify for that government program designed for low-income individuals.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
This is a lie, not just ignorance, because the author, a Medicaid planner, knows better. Going broke for LTC before qualifying for Medicaid is the exception, not the rule. Read this article to see what the elderlaw bar is advising your potential LTCI clients to do instead of planning responsibly for long-term care. If you don’t think this is appropriate content for ThinkAdvisor to distribute, let the editor know.

How to Get Medicaid for Nursing Home Care Without Going Broke

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