You’ve no doubt heard that it is very expensive to stay in a nursing home. Just how expensive is it? Depending on where you live in Michigan, and the type of care you require, costs average between $5,000 and $9,000 per month! Given this, and the fact that Medicare will not cover these costs, it should come as little surprise to learn two-thirds of families run out of money within the first year of a prolonged nursing home stay.
A Medicaid Crisis
Of course, it is not always possible to plan ahead for physical or mental incapacity. What if you or a loved one has already been admitted to a nursing home, or will have to enter one very soon, and have been told you have too many assets to qualify for Medicaid assistance? In legal circles, this is called a Medicaid Crisis, and it is a stressful situation faced all too often by seniors and the people who love them. If you or someone you love is currently facing a Medicaid Crisis, please contact us as soon as possible. We can help you obtain the assistance from Medicaid you may be entitled to and protect your hard-earned assets.