No one ever plans to go in a Nursing Home

But imagine the unthinkable...your family is faced with this crisis. The
emotional stress is over-whelming enough, but then you find out it cost
anywhere between $300.00 to even as high as $360.00 per day! That averages out
to about $10,000.00 per month.

Now what?

Here is where the Government steps in to assist an individual in entering a
Nursing Home. It's called Medicaid and during the application process they
request all of your financial statements going back 5 years. That includes
copies of all Deeds to your home or homes, bank statements, retirement
accounts, stock bonds and tax returns.

Qualifying for Medicaid

For an individual to qualify for Medicaid your total assets must be at
Poverty level, which is $2000.00 dollars. In many cases the individual or
family member may have to spend down your assets until you are below the
$2000.00 limit. For married couples where one is entering the nursing home,
the rules are different. If you have any questions regarding this process or
plan, do not hesitate to contact our office for assistance.

Long Term Care Insurance

What is it?

Long Term Care Insurance is an insurance policy that would pay the Nursing
Home the monthly rent allowing the individual to protect his assets. It also
insures that the family would receive the assets instead of the nursing
home. Policies can be customized to allow the person to stay in their own
home and have a caregiver take care of them. As you can imagine, these
policies are very popular today and could save a family thousands of dollars
as well as the heart ache involved with having one's loved one put in a
Nursing Home. To find out more of how these policies work and whether you
are qualified for one, please call our office today. We would be happy to
assist you and answer any questions you may have in order to make sure we
find the best policy for your specific needs.

Call us at 1-800-260-2029 and ask for Eric Dyer

or email us at

eric@ptminsurance.com