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Since Medicaid is designed for individuals with limited means, you must meet specific asset and income limitations in order to qualify. It's important to understand these restrictions before establishing a Medicaid plan and applying for benefits. So, let's walk through the income restrictions for Medicaid.

Medicaid is a government program funded on both the state and federal levels that is designed to provide health coverage for individuals with limited income and assets. Find out how Medicaid can help older adults pay for their long-term care.

If a Medicaid applicant has given a gift during the lookback period, they may be subject to a penalty period, during which they will be ineligible for benefits. Being aware of the lookback and penalty periods is crucial for anyone planning for long-term care.

When only one spouse requires nursing home care, you may have trouble determining the best way to pay for care in order to prevent impoverishment for the spouse at home. Learn how each spouse has different financial qualifications for Medicaid.

Medicaid coverage for nursing home care is unlimited as long as you remain financially eligible. Here's a breakdown of what Medicaid covers in a nursing home as well as some of the additional amenities you may be charged for.

If you are facing a nursing home stay, chances are you've considered Medicaid. But what happens if you have too many assets to qualify? Fortunately, you have several options to spend down those assets and accelerate your Medicaid eligibility.

Although the terms sound alike and the programs may seem similar on the surface, Medicare and Medicaid have important differences for you to be aware of, especially when it comes to skilled and long-term nursing care. 

Every long-term care situation involves its own unique set of challenges, many of which can be eased by working with an elder law attorney. Learn about what elder law attorneys do and how they can help you as you navigate your long-term care.