Medicare

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...

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...