The type of care you need due to a hip fracture or stroke that requires therapy on a daily basis best describes skilled care. Medicare will only pay for your stay in the nursing home up to a maximum of 100 days. Medicare pays 100% for the first 20 days (after the 3 day hospital stay and if skilled care is needed). Starting from day 21 to the 100th day, a co-payment is required with Medicare. Most senior citizens get a Medicare supplement policy that pays in conjunction with Medicare.

Nursing home long-term care has options, such as Medicaid and paying our of pocket when you have exhausted your given amount of Medicare payments. Medicaid is available for people who have low income or limited resources. Medicaid is a state welfare program with limitations to the amount of assets you can own and the amount of income you may receive each month. The federal government has imposed restrictions on the transferring of assets out of an estate to qualify for Medicaid. There is a look back period of 36 months (60 months if a trust has been established). About 40% of the Americans above the 65-year age limit need a nursing home long-term care policy.

The longer you live, the greater a chance there is that you need some sort of long-term care, such as extended care in a nursing home or through a home health agency. Eligibility for nursing home long term care is based on your current health. Thousands of people have discovered a worry-free way to get access to the best nursing home long term care insurance with us. You too can benefit from our services. Contact us right now to know more about nursing home long-term care and the various benefits it offers. Our customer-friendly, well-trained staff is always ready to help you!