You have worked hard all your life and are proud of the money you have managed to save for retirement. However, you know how expensive nursing homes are, and you are worried about how quickly your savings will go if you have to pay for long-term care for you or your spouse one day. Get answers to some common questions about qualifying for Medicaid to pay for a nursing home in these FAQs.
- Page 3
-
Should I buy long-term care insurance?
-
Can I stay in my own home as I get older?
-
What is a Lady Bird deed?
-
Can my wife transfer her assets to me so that Medicaid will pay for her nursing home?
-
If I'm on Medicare, why should I be concerned with qualifying for Medicaid?
-
How does the Medicaid look back period affect eligibility for elderly people in need of nursing home care?