Recent Posts by PFS_user1

Long Term Care Expense Confusion

Written on August 10, 2013, by in Categories: Long Term Care

We get phone calls every day from family members who are confused and stressed about who pays for Long Term Care. Once they realize that Medicare isn’t going to pay, and the Medicare supplement isn’t going to pay for Long Term Care, then the stress level really elevates. The question is, how to pay for Long Term Care for themselves or their loved one? So here’s the scoop: Medicare will pay for short term rehab for up to 20 days if they meet 3 requirements…Read More…

Aging Crisis in America

Written on January 3, 2013, by in Categories: Long Term Care

Who pays for long term care when someone goes into a nursing home? If you’ve planned ahead and have purchased long term care insurance for such an event, your worries are diminished. If not, then you have few choices. Many people are under the misconception that Medicare or their health insurance will pay for long term skilled nursing care. This is not the case. Read More…

Truth About Medi-Cal

Written on January 3, 2013, by in Categories: Medi-Cal

Medicare and other health insurance benefits DO NOT pay for long term care in a nursing home. Unfortunately, most people don’t learn this until they are faced with this dilemma. Medicare will pay for short term rehab in a nursing home under certain conditions. They might even pay for rehab care in a skilled nursing facility for up to 100 days. However, a person must meet a very specific criteria in order to utilize this benefit. Read More…

The topic of Long Term Care generally confuses a lot of people. There is a lot of misleading information on paying for long term care available through Google, or from “experts” who really don’t know how to fund expenses and preserve assets. And because of this, we decided this topic needed it’s own workshop.
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