The Deficit Reduction Act of 2006 further shifted the burden of long-term care costs to the individual by making it more difficult to divest assets and still qualify for Medicaid long-term care benefits. Downward pressure continues as Maryland struggles with its vastly inadequate home and community based services programs that are supposed to shift care away from the nursing home setting but are largely failing to do so. It is essential that individuals and families fully examine long-term care insurance and long-term care hybrid-type products to protect their highest and best health interests and financial assets.
- Social Security Disability and The Americans with Disabilities Act
- The 6 Things You Should Think About Before Retiring
- Estate Planning Is Vital for All, Regardless of Asset Level
- What the Federal Long Term Care Insurance Program Means for You
- How to Plan for Short Term Disability
- Buying Special Needs Housing? Use These Tips!
- Elville and Associates to Host Series of Estate Planning Workshops October 22nd – 24th in Columbia/Ellicott City
- Why Wealthy Retirees Don’t Spend Their Money
- Meeting with Family About Elder Care
- Elville and Associates’ 2019 Annual Client Event — “What Families Need to Know about Planning for Loved Ones with Disabilities”