myths about medicaid
“ put your mind at ease ”
You’ve probably heard these myths about Medicaid... you will:
- Lose your life savings.
- Lose your home.
Medicare is a government health insurance that covers medical and hospital expenses only. Medicare is limited in providing nursing home coverage. After 20 days families are responsible for daily copays that can be very costly and Medicare stops payments after 100 days. It does not pay anything towards assisted living or group homes.
However, many seniors are unaware of the limitations of Medicare when it comes to long-term care options. Understanding the differences between Medicare and Medicaid is crucial for effective financial planning and ensuring comprehensive care.
Medicaid is a government program that provides funds for long-term care and certain living costs for qualifying seniors. This is the program we focus on, helping people like you work through the system to maximize their benefits while minimizing the cost.
The difference between Medicaid and Medicare.
They are nothing alike.
Medicare is a government health insurance that covers medical and hospital expenses only. It does not pay anything toward a nursing home, assisted living or long-term care.
Medicaid is a government program that provides funds for long-term care and certain living costs for qualifying seniors. This is the program we focus on, helping people like you work through the system to maximize their benefits while minimizing the cost.
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We are here to help guide you through the medicaid elegibility process and can answer any questions that you or your loved ones may have. Contact us today to talk to one of our specialists.
