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Since most people have a strong understanding of nursing homes, confusion often arises from the term “skilled nursing,† which defines the services offered at the facility. Get a stronger understanding of what a skilled nursing facility is and how it may fit into your long-term care plan.

If you are currently paying out of pocket for the nursing home, you may benefit from a Medicaid Compliant Annuity (MCA) – one of the most powerful Medicaid planning tools available. Continue reading to learn more about Medicaid Compliant Annuities and find out if it's the right product for you.