Long-Term Care and Medicaid Planning
Studies show that two out of every five people reaching age 65 need some type of long-term care. In New Hampshire and Vermont, the annual cost of nursing home care ranges from $210 to $440 per day. Some people pay over $250,000 per year for 24/7 home care. Medicare and most health insurance plans do not cover the cost of long-term care.
This report provides an understanding of the components involved in long-term care planning: Medicare, Medicaid, private insurance, and estate planning. It explains how recent changes in the law and future trends affect tomorrow’s long-term care consumer.
Contact Caldwell Law today to find out how our team can help you prepare for Long-Term Care. We look forward to hearing from you!