MONEY MATTERS
How To Pay For Your Care
f you are concerned about the
high costs associated with long
term care now or in the future,
nursing home and Veterans benets
are available to help cover some or all
of the costs of in home care, assisted
living or a nursing home.
I
Most veterans who served during war
time and their current or surviving
spouses can become eligible for
benets which can pay for in home
care, assisted living or nursing home.
The tax free monthly maximum
benets are:
Benet programs are not just for the
poor any more. All taxpaying citizens
who meet the eligibility requirements
are entitled to receive benets. With
the cost of a nursing facility regularly
reaching $85,000.00 per year, very
few Hoosiers can afford to pay for
care out of pocket.
Surviving spouse of a veteran
$1,130.00 – Veteran $1,759.00 –
Veteran and spouse $2,085.00
Veterans Benets
Myth: Veteran's benets can take up
to two years to be approved.
Reality: A well crafted, thoroughly
completed and hand delivered
application can regularly be approved
in 3 weeks to 3 months.
Medicaid Nursing Home Benets
Myth: Medicaid can take my house,
my car, my money and all of my
possessions.
Reality: There are several rules that
allow for the protection of the
majority of a person's assets. Don't
be misled by misinformation and
myths.
dental, vision and other expenses less
a portion of the applicant's xed
monthly income. There are well over
a hundred facilities in central
Indiana and most of them accept
Medicaid. Under current federal law,
private pay and Medicaid residents
must receive the same level of care
and services.
Whenever you are working with a
government agency, you can count
on a maze of forms and procedures
to gain eligibility. You should only
work with a company that specializes
in this area of planning and has
relationships with local facilities and
their staff, as this will help to ensure
that the best care is available to your
loved one.
Medicaid can pay for the entire
monthly cost of a nursing home
facility, doctor co-pays, medications,
Wesley A. Young
317-863-0213
8310 Allison Pointe Blvd.
Suite 105
Indianapolis, IN 46250
Looking For Money
to Pay For Care?
We Can Help!
We specialize in:
· Nursing home benefits
· Veteran's benefits
· Asset protection
“Protecting Assets & Creating Additional Income to Pay for Care.”
Serving central Indiana for over 13 years. No cost initial consultation.
Don't let a lifetime of savings be lost…Call today to see if you qualify!
317-863-0213
8310 Allison Pointe Blvd., Suite 105 • Indianapolis, IN 46250 • www.SeniorSolutionsConsulting.com
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