Monthly Archives: August 2023
The ABC’s of Medicare
Medicare versus Medicaid Medicare is federal health insurance for people aged 65 or older, and some people under age 65 with certain disabilities that have paid into the social security system for at least 10 years. In sum, Medicare is “short term” coverage for health events including hospitalization, doctor visits, therapy, home health care… Read More »
What is a Qualified Income Trust?
Paying for long-term care can quickly deplete an individual’s assets due to how expensive long-term care services are. In Florida, the average price of a private nursing home room is $10,809 per month. However, additional expenses such as the cost of medications and medical supplies are likely to increase that average to $12,000 to… Read More »