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<\/a><\/p>\nMedicaid<\/strong> is a comprehensive health care program<\/strong> that covers a wide range of people who require nursing facility medical care and meet certain financial eligibility guidelines. Medicaid<\/strong> is an imperative resource for seniors, covering more than 65 percent of all nursing home care<\/strong>. Nursing care<\/strong> currently costs approximately $100,000 a year. Most individuals that require long-term skilled nursing care must eventually utilize this program. With close to inevitable dependence, it is of the utmost importance to know what common mistakes to avoid.<\/p>\n (Related: How to Protect an Elderly Mother’s Assets<\/a>)<\/p>\n First: Know when you need help. The reality is that most people don\u2019t ever plan to go to a nursing home. It\u2019s often the default are setting for those with chronic long-term illnesses<\/em> what cannot be treated from home or in a personal care facility. Medicare<\/strong> covers up to a maximum of 100 days and often times, even less, so costs add up (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Medicaid is a comprehensive health care program that covers a wide range of people who require nursing facility medical care and meet certain financial eligibility guidelines. Medicaid is an imperative resource for seniors, covering more than 65 percent of all…<\/span><\/p>\n