The ElderLaw Firm
North Carolina Estate Planning and Elder Care
Call (336) 378-1122
A major part of our mission at The ElderLaw Firm is providing useful education to help folks navigate elder law estate planning in North Carolina. A pioneer in elder law, Dennis Toman became frustrated and sad that so many people could be helped but they never got the information they needed in time. So he started by writing articles and giving talks to share information that lawyers and the system traditionally used to make things complicated. Our success is based on sharing information with hard working families in North Carolina.
Our clients love this. The more information we give away, the more clients call us and let us help. The secrets we share gives families knowledge and confidence about their options: how to get started and what’s important. Issues like; Retirement, Social Security, Medicare, Medicaid, Nursing Home Care, Elder care, Living Trusts, Wills and Probate.
Free seminar AT: https://www.elderlawfirm.com/category/elder-care/
We hold our Ducks in a Row Legal Webinar every few weeks so that you have a chance to get the answers you need. Join us to discover how to avoid elder and estate planning mistakes, with plenty of Q&A time with an attorney.
What’s the difference between Medicare and Medicaid?
Many times, people ask, “Won’t I be covered for nursing home care if I got Medicare? Does Medicare pay for that cost of care?” And the answer is that they are two different programs. Medicare is basically health insurance for retirees. You pay a premium, you get a benefit. Medicare covers medical care. You can think of it this way, Medicare will help to pay for your cost of care if you’re going to get better. If you’re in a hospital or if you’re in a nursing home, and you’re going to get better and come home, that’s when Medicare cares. But it’s when you’re not going to be coming home, or when you’re not going to get better, instead of needing medical care, that you need custodial care or long term care in the nursing home, that’s when Medicare stops caring. And we have to look for a different way to pay for that cost of care. One of the ways of doing that is through the Medicaid program. Medicaid is very different than Medicare. Now, Medicare does pay for nursing home care in one limited circumstance, and that is where a person goes to a hospital, receives care there for at least three days and then goes into a skilled nursing facility for rehabilitation. Medicare in that situation can pay up to a hundred days of care, at least a portion of that cost of care, but none of those days are guaranteed. Medicare will only benefit those who are going to be in for rehabilitation. Beyond that, we have to look for different ways to pay off that care in a nursing home. And generally that’s going to be their private pay, VA benefits, Medicaid, or perhaps long term care insurance.
The Elderlaw Firm
301 N. Elm Street, Suite 707,
Greensboro North Carolina 27401