Massachusetts has gone to great lengths to provide various financial aid plans for its elderly citizens. While these plans often provide essential financial assistance for the state’s elderly residents, finding the right plan (or plans) and choosing the best options...
Medicaid/Medicare
Understanding the differences between Medicare, Medicaid and MassHealth
Medicare, Medicaid and MassHealth are all extremely important programs that can help Massachusetts residents with their medical needs. It's common to hear their names tossed around in the same conversation, and it can be easy to get them confused with each other...
What is a Medicaid asset protection trust?
Medicaid benefits are extremely valuable for Massachusetts residents who need long-term care. However, finding out that you have too many assets to qualify for Medicaid can be a crushing blow. One option to address this issue is setting up a Medicaid asset protection...
Don’t make these mistakes when engaging in Medicaid planning
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 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...
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...
Avoid these common Medicare mistakes
Figuring out how to pay for your long-term care needs can be daunting. This is especially true given that most people don’t adequately plan for these expenses and are, therefore, taken aback when an emergency arises requiring extensive long-term care. But even if...
Avoid misperceptions about MassHealth
MassHealth is important for paying for your health care when you are older. It is important to understand how these programs work and to know how to spot false information about them. Giving money away One common misperception about MassHealth involves gifts. Federal...
Your options for emergency Medicaid planning
Far too many people do not realize that there is a significant chance that they may need some type of long-term care in the future. After all, about half of all individuals will end up in a nursing home or needing some other type of assisted living or long-term care...
When can I start the enrollment process for Medicare?
As you approach retirement age, Medicare enrollment has probably been on your mind. Medicare (or MassHealth as it’s called in Massachusetts) serves a critical function, as it allows retired individuals and those with certain terminal illnesses to get the prescription...