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{"id":14585,"date":"2015-05-22T20:31:13","date_gmt":"2015-05-22T20:31:13","guid":{"rendered":"http:\/\/www.seonewswire.net\/2015\/05\/michigan-va-benefits-for-long-term-care-costs\/"},"modified":"2015-05-22T20:31:13","modified_gmt":"2015-05-22T20:31:13","slug":"michigan-va-benefits-for-long-term-care-costs","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2015\/05\/michigan-va-benefits-for-long-term-care-costs\/","title":{"rendered":"Michigan VA Benefits for Long-Term Care Costs"},"content":{"rendered":"

\"VetFlags\"<\/a>There are six ways to pay for long-term care in Michigan. \u00a0Fifth out of those six ways to pay for long-term care is the VA Benefit, which in 2015 can pay up to $2,120 per month tax free!<\/p>\n

The Six Ways to Pay for Long-term Care<\/h1>\n

1) Private pay. \u00a0Pay out of your own assets for long-term care.
\n2) Kids pay. \u00a0Typically the children don’t pay financially, but the they pay in term of their time.
\n3) Medicare. \u00a0Medicare only pays short term rehab and hospice, not long-term care costs.
\n4) Long-Term Care Insurance. \u00a0Long-term care insurance is a tool that can help pay long-term care costs, but it is certainly not a magic wand or the only answer.
\n5) VA Benefits. \u00a0We’ll talk more about this more…
\n6) Medicaid. \u00a0Medicaid pays for nursing home level care only, with harsh asset qualification penalties.<\/p>\n

Michigan VA Benefits For Long-term Care<\/h1>\n

If a veteran needs long-term care, either home care, assisted living (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

There are six ways to pay for long-term care in Michigan. \u00a0Fifth out of those six ways to pay for long-term care is the VA Benefit, which in 2015 can pay up to $2,120 per month tax free! The Six…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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