Medicaid provides essential healthcare coverage for low-income individuals, including those needing long-term care. However, many Maryland residents find that their income or assets exceed the eligibility limits. If this applies to you, a Medicaid spend down strategy...
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Medicare
Planning for your special needs child in Maryland
Each child is special and unique, with their own talents and challenges. Caring for a special needs child presents different challenges that may take time to adjust to. In Maryland, parents of special needs children can take advantage of several resources to help...
Are you eligible for Medicare?
About 12.5% of people receiving Medicare are under 65 years old. These individuals in Maryland and across the United States are eligible because they are disabled. It should be noted, however, that qualifying for Social Security Disability Insurance and Medicare are...
How to qualify for Medicaid by restructuring your assets
Medicaid is a government-sponsored health insurance program that helps low-income individuals and families cover the cost of medical care. In order to qualify for Medicaid, applicants must meet certain income and asset requirements. For some Maryland residents, this...
Assets that can be kept for Medicaid eligibility
Long-term care adds up fast; the annual median cost for a private nursing home room was $105,850 in 2020. The government can pay the bill for people with Medicaid, but it's not easy to qualify. However, there are tools a person can use to avoid spending down assets...
Am I not allowed to give gifts if I want to qualify for Medicaid?
Many Marylanders who are starting to think retirement may realize that they simply have not saved up enough money to afford a nursing home should they need one. Even if they have put together some savings and have some plan for long term care, with nursing homes...
