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How The Nursing Home Spend-Down Program Affects You And Your Family

By Team iBizExpert On April 03, 2022 05:31 PM No Comments

Since June 30, 2006, your Federal Government has made it a rule that you must spend all of your money before you can get care in a nursing home. The goal of these strict new rules is to make the healthy spouse poor. They have made it so that you...

Hide My Assets From Medicare

By Team iBizExpert On April 01, 2022 01:47 AM No Comments

At social events, people always ask me about the new Medicare rules for nursing homes. Seniors worry a lot about having to spend down their assets and not being able to keep a certain amount. This never-ending drain on their money worries the...

What Senior Citizens Need To Know About Private Long Term Care Insurance

By Team iBizExpert On February 08, 2022 04:48 PM No Comments

Seniors and their families in the United States worry a lot about long-term care. Studies have shown that Americans put long-term care second on their list of financial needs, after saving for retirement. Many Americans don't want to think about...

Long-Term Care - The Ignored Need

By Team iBizExpert On February 05, 2022 08:56 PM No Comments

A survey done for the John Hancock Life Insurance Co.* found that most Americans worry they will need long-term care at some point after they retire, but only a small number of them are doing anything about it. It says that 85 percent of the...

Making the Nursing Home Choice

By Team iBizExpert On January 17, 2022 03:18 AM No Comments

Putting a loved one in a nursing home is a tough choice, but it may be the right one at some point. Doing your homework and trusting your gut will help. The Department of Health and Human Services says that over 1.5 million people get care...