Financial Options
When a loved one requires care in a nursing home, assisted living, or at home, it can be an incredibly challenging and painful experience. The emotions you may feel can include guilt, anger, anxiety, stress, and depression. Families often face not only emotional turmoil but also the overwhelming financial burden of long-term care, which can exceed $10,000 per month in NY, NJ, and PA. Many families find themselves worrying about how to cover costs when funds run low, or they may not have the necessary resources at all. Thankfully, Medicaid can help cover long-term care expenses for those who qualify, but navigating Medicaid eligibility can be complicated. The rules vary by state and even by county, making it easy to make a mistake that could lead to denial. Many families we talk to feel lost and confused by the process, often receiving conflicting advice from various sources. If you’re looking for assistance because you have an elderly parent or spouse needing care, you’re in the right place. Our Medicaid experts have spent over a decade helping families secure long-term care Medicaid approvals. We’re dedicated to providing personalized service, ensuring your loved one is treated with care and respect. Contact us for a free consultation and learn about our impressive track of successful approvals. Our services include Medicaid consulting, assistance with nursing home and assisted living applications, financial planning for Medicaid at home (where applicable), and help with Medicaid denials. We can save you time and money while minimizing the risk of costly mistakes. Don’t hesitate to call us for a free with a Medicaid consultant.

Understanding the income and asset exemption rules for each state is essential, as each of the 50 states distinct regulations can vary slightly. You may be permitted to retain certain levels of income and savings up to a specified value, one vehicle, primary home and personal items. However, exceeding your state’s established limits may result in penalties, period of ineligibility, or outright disqualification. It is advisable for you to seek guidance from a trained senior advisor to navigate you through the complexities of these regulations when applying for coverage.