“Bonnie Kraham column: 2020 rates for Community Medicaid and Nursing Home Medicaid,” by Bonnie Kraham,RecordOnline Quote: “The Medicaid Asset Protection Trust protects assets from nursing home costs and home care after the assets are in the trust for the required amount of time. Despite strict Medicaid rules, it is almost never too late to save money from long-term care costs using spousal refusal for married couples or the gift and loan strategy that may save half of a single person’s assets. Consulting an elder law attorney when faced with a Medicaid application is essential.”     LTC Comment (from Stephen A. Moses,
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“Does Medicare cover long-term care?,” Medicare Rights Center (MRC) Quote: “Medicaid is a state and federal program that provides health coverage if you have a limited income. Medicaid is the country’s largest payer of LTC services and will pay for nursing home care. Medicaid benefits also coordinate with Medicare.”     LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): That’s how the MRC answers this question: “Will Medicare cover the long-term care services that we may need? If not, where can we find help accessing and paying for long-term care?” Some naïve people finally got around to
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