Long-Term Care Planning and Medicaid
Long-Term Care Options
While some seniors are able to afford private pay care, the cost of long-term care will wipe out savings of all but the wealthiest families in a matter of years. Those who have planned ahead by purchasing long-term care insurance have a degree of certainty and peace of mind, knowing that they have a lesser need to rely on other sources in the future. Unfortunately, many can’t afford the high cost of long-term care insurance or, worse, because of age or medical condition cannot qualify for it. If you do have long-term care insurance, be aware of what your policy covers. Many policies have high deductibles or provide for only a short period of care in a facility. In fact, many who have long-term care insurance still have to resort to Medicaid to pay for their care.
We work with care managers to assess your options, from care at home, day care centers, retirement communities, assisted living, and nursing-homes. A life care plan includes a review of government benefits, like Veterans’ Aid and Attendance, day care centers, and Medicaid eligibility. We can assist and advise you regarding family care agreements, long-term care insurance contracts, contracts with nursing homes, and continuing-care retirement.
Medicaid Eligibility
According to the best available estimates, between 1 and 2 million Americans age 65 or older have been injured, exploited, or otherwise mistreated by someone on whom they depended for care or protection.
These vulnerable elders are subject to injury and to premature death, often from caregivers and family members. Elder financial exploitation—commonly linked with other forms of abuse and neglect—threatens the health, dignity, and economic security of millions of older Americans.
The specificity of laws varies from state to state, but broadly defined, abuse may be:
Miorini Law PLLC can assist seniors to protect themselves from abuse. Please contact us to discuss your concerns.
Miorini Law provides comprehensive estate planning and administration services across DC, Maryland, and Virginia.
8245 Boone Blvd., Suite 550, Vienna, VA 22182