Medical expenses can quickly become overwhelming. If you end up needing long-term care, which is a very real possibility, then your assets can be quickly gobbled up. The good news is that there are strategies that you can implement to protect your assets and your...
MassHealth
Massachusetts residents need to prepare for MassHealth changes
MassHealth coverage is vital for many people. The elderly are among them and with substantive changes happening with the eligibility requirements, people need to be aware of their options if they had coverage and were dropped or are seeking coverage and do not know if...
What are the asset rules when applying for MassHealth?
As Massachusetts residents age, they might need to consider their options for long-term care. MassHealth is in place for these contingencies, but not everyone is eligible for the program. One concern is meeting the asset rules to be eligible under MassHealth. The...
MassHealth and personal-care attendants
Paying for health care is a major worry for people of all ages throughout Massachusetts. For those who might need more intensive care because of age, illness or infirmity, the dread as to what will happen with their finances, their property and wondering if they are...
Taxes and MassHealth planning
In order to qualify for MassHealth, many Massachusetts residents must transfer assets to a spouse or other relative, or put them in trust. This takes careful planning. If some of these assets are held in tax-deferred accounts, a large transfer of this kind can trigger...
What to expect when applying for nursing home
It is no secret that long-term nursing home care is expensive. Many needing long-term care turn to Medicaid and MassHealth for help covering the enormous costs associated with nursing home care. It is important to understand the MassHealth application process and...
Appealing a MassHealth denial
As you get older, you begin to worry about your health and safety more. Quality, affordable medical care is suddenly one of your biggest priorities. You may be a member of MassHealth, which provides elderly Massachusetts residents with the medical coverage they need....
Can I appeal an adverse MassHealth decision?
If you are applying for MassHealth and your application is denied, or if you currently are a MassHealth member and a prior authorization was changed or denied, it is easy to feel discouraged. But do not give up. It is possible to appeal an adverse MassHealth decision....
Assets not counted to determine Mass Health Medicaid eligibility
The time may be coming when people in Massachusetts need to start considering nursing homes either for themselves or for their parents. As people age, they may need additional help due to various health issues. They may no longer be in a position to care for...
Do I need a spend-down strategy to qualify for MassHealth?
As you get older, your health and healthcare needs can change dramatically. Where you once used an employer-provided insurance plan to cover medical expenses, you may now be looking at other options. Depending on your situation, there could be a significant difference...