Frederick, MD 
301-663-9230Providing care to an aging parent is a challenge. However, providing long distance care seems impossible.
f you require help, guidance or an independent voice please contact us for an appointment.
f you require help, guidance or an independent voice please contact us for an appointment.
The following is an estimate of the costs of the varying types of senior care for your aging parents: Telephone Calls – Telephone home call "care" can cost approximately 40 per month, for safety checks, medication management, etc. Home Care – Depending if you hire an agency, approximate costs $20 per hour, $7,500 for 24/7 care; or a private individual approximately $10 per hour, although you have to pay taxes, insurance on top. Respite Care – Otherwise, known as Hospice, can be paid by Medicare. Visiting Nurses – If treatment prescribed by physician, may be covered by Medicare or Medicaid….
1. Myth: “I can hide my assets and get eligible for Medicaid.” The Truth: Intentional misrepresentation in a Medicaid application is a crime and can be costly. The IRS shares any information concerning income or assets you have with the Medicaid agency. These reports include interest income and the sale of stocks or bonds. You or whoever applied may have to pay Medicaid back to avoid prosecution. 2. Myth: “I can give away $10,000 per year under Medicaid rules.” The Truth: This is a rule under federal gift tax law, not under Medicaid law. (Actually, the amount has changed to…
1. Myth: “I can find out all I need to know about Medicaid from the nursing home or the Medicaid agency. The Truth: The Medicaid law is very complex and counter-intuitive. It was written by Congress, after all! The nursing homes and Medicaid agencies do not have lawyers to interpret the law in your favor. 2. Myth: “I have to lose my home and everything I own to get Medicaid assistance.” The Truth: A person is permitted to own “exempt property” and be eligible for Medicaid. In addition the “community spouse” is entitled to keep a share of the assets….
My goal is to dispel the Medicaid Myths: 1. Myth: “Medicare will cover my nursing home bill." The Truth: Medicare only covers a small amount of the nursing home care provided in this country. Many older people are surprised to learn this. Medicare provides 20 days of full coverage if you spent at least three days in the hospital and need skilled care (not intermediate level care). Then, if you still need skilled care, you can get up to 80 days of partial coverage from Medicare, the co-pay will usually be picked up by your supplemental insurance. After that, you…
When applying for Medicaid or other public benefits, there are often many hidden potholes, obstacles, and dangerous curves in the road.
As we age, our needs and demands change. Senior Life Care Planning’s goal is to educate and assist you in achieving quality of life and peace of mind. Before the care journey becomes overwhelming, it's important to have trusted professionals guiding you on your path. Our philosophy is to provide a dedicated service and attention to our clients to make the aging process empowering and rewarding. We are often asked: How can I protect my assets to take care of my spouse, or to leave them to my children? Do I have to spend all of my money on the nursing…
No. The personal allowance reduction is only for single claimants receiving Medicaid, in the nursing home. The Medicaid Waiver program, i.e. residing at home or at an assisted living facility, are not part of this automatic reduction.
Nursing homes are very expensive, ranging from $7,000 to $12,000 or more a month.
At Senior Life Care Planning we help seniors and their loved ones navigate the maze of legal and financial issues associated with a prognosis of loss of memory or other long-term crippling disease.
