For Medicaid purposes, the gift of the remainder interest if a transfer for Medicaid purposes. Once the deed is recorded with the county clerk, the five year look-back period begins. As a result, if an individual transfers the remainder interest this year, this gift ...
There is only one palliative care specialist for every 20,000 older adults living with a severe chronic illness. Currently there’s a shortfall of up to 18,000 physicians focused on palliative care and hospice care. According to the American Academy of Hospice and Palliative ...
National Healthcare Decisions Day is on April 16th, and it’s an important reminder for every adult to begin having difficult conversations with loved ones about their most private wishes for medical and end-of-life care. Far too many people assume that ...
According to a new survey released by Harris Interactive for Nationwide Financial Services, people are significantly underestimating the costs associated with long-term care. The people who were surveyed were "Baby Boomers," a demographic defined by the post–World War II "baby ...
Michigan House approves medicaid expansion bill. Medicaid expansion approved by Michigan House, headed to Senate. In a Republican-led Michigan House vote, hundreds of thousands additional low-income adults became eligible for Medicaid. Lawmakers approved expanding Medicaid eligibility in 2014 to 320,000 ...
More and more long-term care operators are partnering up with managed care companies. A number of troubled operators seem to be experiencing this scenario: initial romance, followed by heightened accountability and reduced payments. But if troubled providers thought Medicaid was a tyrant, wait until ...
If you’re not sure of the benefits you are entitled to, do not fear, you are not alone. More than half of American veterans recently reported having little to no understanding of the benefits they have earned through the Veterans ...
A growing number of people in Michigan are realizing that they can have more of a say in how their estates are used after they have departed, the use of incentive trusts has increased as a result. Parents, especially, are directing ...
Many Michigan veterans are eligible for benefits like healthcare and pensions, but may not know this and haven't yet applied for them. In a state that ranks in the bottom five in the U.S. for federal spending per veteran, there are hundreds of ...
According to data from the Alzheimer’s Association, someone in the United States develops Alzheimer’s disease every 67 seconds. As a result, more than five million people are now affected by this disorder. The Signs of Alzheimer's Certain signs of Alzheimer’s disease may ...
