Medicaid is a joint federal and state program that, when combined with the Children’s Health Insurance Program (CHIP), provides health care coverage for nearly 73 million Americans. Most people associate Medicare with seniors, but more than 8.3 million people are...
Navigating all the little rules and requirements for Medicaid can be frustrating. The one that can cause the most stress for many people, however, is the asset limit. As the American Council on Aging explains, each state can set an asset threshold for Medicaid...
Once you hit eligibility for Medicare at age 65, you may think you’ve got it made and you don’t have to worry about saving for future long-term care costs. However, that’s not the case. First, in 2019, the average monthly cost for skilled nursing home care in New...
