Clients often come to our attorneys confused over the differences between
Medicare and Medicaid. While their names might suggest they are similar,
these two government programs are quite different.
Medicare is an entitlement program, a federal health insurance program
in which most people enroll when they reach the age of 65. There are no
financial qualification rules for this program. Medicare has two primary
parts: Part A and Part B. Medicare Part A covers in-hospital care, extended
care after a hospital stay, some home health care services, and hospice
services. The rules for nursing home coverage are very strict and, in
fact, Medicare pays for less than 9% of nursing home care in the United States.
Medicaid is a joint federal-state program and is subject to certain federal
requirements. It is important to note that each state can choose how it
implements and manages its own Medicaid program.
Medicaid is not an entitlement program like Medicare, but rather a form
of state assistance. Medicaid eligibility is determined after the proper
application is submitted to the state. There are many Medicaid insurance
programs available in Wisconsin, from basic medical coverage to nursing
We proudly assist seniors and their families in making tough decisions
regarding long-term care planning, including whether Medicaid eligibility
may be an option. Because Medicaid eligibility depends on your income,
you should consult with one of our talented elder law lawyers to devise
a comprehensive plan to protect your hard-earned money.
Nursing Home Care Planning Services
If you want to live comfortably during your golden years, then you need
to consider if paying for nursing home care will be part of your planning
goals. However, it is important to start the planning process before your
health declines. Clients often underestimate the potential costs of nursing
home care, which is why you should speak to our legal team to discuss
planning options for using Medicaid to pay for nursing home services.
Get in touch with us today so our elder law attorneys can listen to your
concerns and devise a nursing home plan that suits your financial priorities.
To request your free case consultation, call our firm at (608) 344-5491
to speak to a friendly elder law attorney.