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admin Site Admin
Joined: 03 Apr 2008 Posts: 75
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Posted: Tue May 06, 2008 2:04 pm Post subject: Medicare rules about paying for nursing home |
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I hear lots of different versions about what medicare will pay for when it comes to nursing home care. My parent is old enough to be on medicare, will it pay for the nursing home? |
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sandwichtime
Joined: 30 Sep 2008 Posts: 10
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Posted: Tue Sep 30, 2008 9:50 pm Post subject: |
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Good question. First of all note that there is a difference between Medicare and Medicaid. Most people haven't learned the difference.
Under certain limited conditions, Medicare will pay some nursing home costs for Medicare beneficiaries who require skilled nursing or rehabilitation services. To be covered, you must receive the services from a Medicare certified skilled nursing home after a qualifying hospital stay.
Medicaid, on the other hand, will pay for most nursing home costs for people with limited income and assets. Eligibility varies by state, so check out your state's requirements. Many people end up with Medicaid paying their nursing home expenses, but only after their personal finances have been exhausted (easy to do, with fees in the thousands per month).
Check out [url]Medicare.gov[/url], it is really helpful. http://www.medicare.gov/nursing/Payment.asp |
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bogeyman
Joined: 06 Aug 2008 Posts: 2
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Posted: Fri Dec 12, 2008 1:45 pm Post subject: long term care |
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I don't know about everyone else, but i am very fuzzy about who pays for long term care, depending on type. So i was very excited to find this resource that explains so clearly every aspect of long term care - the various types, average costs, and who will pay for what. Its from the National Clearinghouse for Long Term Care Information - definitely worth bookmarking! http://www.longtermcare.gov/LTC/Main_Site/Paying_LTC/Costs_Of_Care/Costs_Of_Care.aspx |
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BarrieByrnes
Joined: 24 Feb 2009 Posts: 7
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Posted: Wed Mar 04, 2009 3:38 am Post subject: |
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i have checked this link. it's information of planning for long-term care is deciding how to pay for services. |
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JudithScott
Joined: 25 Mar 2009 Posts: 7
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Posted: Thu Apr 09, 2009 9:55 pm Post subject: |
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This link have nice information about Medicare and Medicaid for most nursing home costs. |
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Linda Middlebrook
Joined: 22 Apr 2009 Posts: 6
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Posted: Tue May 12, 2009 11:54 pm Post subject: |
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sandwichtime wrote: | Good question. First of all note that there is a difference between Medicare and Medicaid. Most people haven't learned the difference.
Under certain limited conditions, Medicare will pay some nursing home costs for Medicare beneficiaries who require skilled nursing or rehabilitation services. To be covered, you must receive the services from a Medicare certified skilled nursing home after a qualifying hospital stay.
Medicaid, on the other hand, will pay for most nursing home costs for people with limited income and assets. Eligibility varies by state, so check out your state's requirements. Many people end up with Medicaid paying their nursing home expenses, but only after their personal finances have been exhausted (easy to do, with fees in the thousands per month).
Check out [url]Medicare.gov[/url], it is really helpful. http://www.medicare.gov/nursing/Payment.asp |
Good information about Medicare and Medicaid |
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Gabbi
Joined: 22 Oct 2012 Posts: 1
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Booster
Joined: 11 Dec 2012 Posts: 6
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Posted: Wed Dec 12, 2012 12:43 pm Post subject: Assisted Living Financial Issues |
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I think should not be any serious financial issues as concerned medicare. As there are some old age homes are available which are sold at once, at some reasonable prices with all of the necessary and luxuries facilities along with nursing facility with complete privacy. Where you don't need to pay any other amount afterwards once you have paid for the home price. |
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Booster
Joined: 11 Dec 2012 Posts: 6
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Posted: Fri Dec 14, 2012 5:28 pm Post subject: Re: Assisted Living Financial Issues |
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Booster wrote: | I think should not be any serious financial issues as concerned medicare. As there are some old age homes are available which are sold at once, at some reasonable prices with all of the necessary and luxuries facilities along with nursing facility with complete privacy. Where you don't need to pay any other amount afterwards once you have paid for the home price. |
That's what i think about it, what you think give your comments.
aged care tweed heads |
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Williamson
Joined: 26 Jul 2013 Posts: 10
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Posted: Fri Nov 15, 2013 10:51 am Post subject: |
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Thanks informative this one. |
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