Long-term care costs like nursing home care can quickly drain retirement savings. Medicare provides little help paying these bills, but Medicaid can cover nursing home costs for those who meet strict ...
Although 98% of seniors 65 and over have health insurance, close to four million have unpaid medical bills, according to 2023 data from the Consumer Financial Protection Bureau. That's because most ...
While one-third of older adults may never need long-term care services, many people do need the extra support, including care in a nursing home. According to a report from the Urban Institute, the ...
A new government survey of 13,285 US nursing homes has found that the average provider received 82 cents on the dollar from Medicaid for the costs accrued while caring for beneficiaries. “Assessing ...