When the need for nursing home placement arises, securing quality care is of paramount importance. Nursing home costs in Maryland can average $9,000 to $12,000 per month or more. At that rate, very few people can afford to privately fund their long-term care needs.
Long-term care insurance can be costly and may not cover the full cost of care. Medicare offers a very limited skilled nursing facility benefit and private health insurance covers little or no long-term care. Medicaid Long-Term Care is often the only option left for many families, but navigating the Medicaid eligibility guidelines can be treacherous.
Prudent advice from a skilled counselor familiar with the rules can be an invaluable resource. Hammond Law can advise you regarding how to coordinate benefits between Medicare, supplemental insurance, private pay and Medicaid. Our strategies are aimed at securing Medicaid Long-Term Care benefits for your loved one, while striving to protect their assets to the greatest extent possible, within the Medicaid rules.
Whether you have a long-term care plan in place or you are faced with an unexpected health crisis resulting in nursing home placement, do not delay meeting with the experienced, knowledgeable elder law attorneys at Hammond Law to review your situation and to make recommendations that could protect your family against unnecessary impoverishment.
The Hammond Law Process
If you'd like to learn more about Medicaid planning and how it might benefit your family, please call our office or follow the link below to schedule an initial planning meeting with one of our attorneys.