Long Term Care Insurance Made Simple

Competitive, comprehensive, and easy solutions for long term care insurance in Pennsylvania, New Jersey, Delaware and Arizona

Medicare and Medicade

What does Medicare pay?

Medicare covers skilled nursing facility care only after a 3-day hospitalization. It provides for a total of a 100-day lifetime benefit only. Medicare does not pay for personal, custodial, or intermediate care which happens to be the majority of care provided in nursing homes. Nor does it pay for homecare.

What does Medicaid pay?

After you have exhausted all your assets, you may qualify for coverage under Medicaid. However, with Medicaid you lose choice over the care received. Medicaid does not cover home care, care in assisted living facilities, hospice care, and adult day care. Under new law, the federal government can look back up to 5 years for outright gifts to your children or other relatives and the equity in your home could be counted as an asset.