Medicare
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Medicare
Even when entering a nursing home just for short-term rehabilitation, it is important to find out if they accept Medicaid as a form of payment.
What are the ways you can pay for senior care? Medicare does not provide for long-term care, although many Americans have this perception because Medicaid does pay for long-term care nursing home stays for low-income seniors who qualify for Medicaid benefits.
As Medicare only pays for nursing home care for a few months after a major medical incident, and Medicaid provides for nursing care for low-income seniors who have virtually no assets, alternative options are becoming more common. Assisted Living Communities and Senior Home Care Agencies are able to provide for many elder care needs.
Ted Kennedy, who can relate to the needs of senior care as he is battling a brain tumor, saved the day by flying to Washington, D.C. between chemo treatments to cast a "Yes" vote for the stalled Medicare legislation. This will prevent the 10.6 rate cut on reimbursements to medical doctors providing care to seniors on Medicare insurance.