There’s a 70% chance that Americans will move to a long-term care facility such as an assisted living facility or nursing home when they turn 65. Despite this report by the U.S Department of Health, most individuals still put off preparing for the high cost of assisted living. According to ALTCP long-term care cost, the… read more
Still looking for the right long term care payment option for you? ALTCP can help you find the perfect coverage by giving you a side-by-side comparison of quotes from top insurers when you shop for quotes now. No commitment, it’s your call! One question that Americans are itching to know is whether Medicaid pays for… read more
Last Updated On: The number one question caregivers always ask is this, “how to get paid for being a family caregiver?” Caregiving for a family member is done out of love, and there is no monetary compensation attached to it. Since this is mostly the case, taking care of a loved one can be… read more
Medicaid is a federal health assistance program administered at the state level for poor and indigent Americans. It can help pay for senior long term care. However, there are general, functional and financial requirements that must be met in order to qualify for benefits. General Requirements As a general rule, Medicaid only grants benefits to… read more
In the study “Examining Differences in Death Rates for Medicaid and Non-Medicaid Nursing Home Residents,” Dr. Jennifer Troyer of University of North Carolina disclosed that the mortality rate of Medicaid patients is 14.8% higher than the mortality rate of private-paying residents. Although the high death rate can be caused by other factors, it could still… read more