Why No Long-Term Care Insurance Can Deplete Your Finances
Long-term care insurance
Imagining your future needs for long-term care is likely not the most thrilling idea you have ever had.
In fact, most people choose not to think about it all. While we understand your temptation to avoid the subject, we also understand your crucial need to consider the following;
Newly Introduced House Bill Tightens Medicaid Eligibility for Long Term Care
A bill introduced last week in the U.S. House of Representatives seeks to tighten Medicaid eligibility for Long Term Care by allowing states to decrease the amount of home equity exemption to as low as $50,000.
H.R. 1702, or the “Medicaid Program Integrity Act of 2013”, also includes an attempt to eliminate the Maintenance of Effort rules. The Maintenance of Effort rules, which were established in the Affordable Care Act, have been preventing states from closing loopholes that allow Medicaid fraud in long term care services.
Bill Meant to Minimize Medicaid Abuse and Fraud
Both provisions of the bill are intended to reduce Medicaid[…]
Reviews of each company’s financial stability ratings, claims experience, and size.
A side-by-side comparison of each company’s policy features. We cover the similarities and the differences.
Price comparisons customized to suit your specific needs from top carriers such as Nationwide, Thrivent, New York Life, National Guardian Life, Mutual of Omaha, and more.