Nursing Homes and Medicaid; 5 Things You Need to Know
Medicaid is a federal program that is regulated and managed by each independent state. It is designed for impoverished individuals requiring long-term-care medical benefits. Medical and housing are typically the largest expenses for all individuals, many of whom are unable to pay for the ever increasing costs of medical care and housing costs. If qualifying individuals are unable to care for themselves in their own home or need arrangements in a nursing home, these individuals can apply to Medicaid for payment, but only if their income and assets are at a certain level and they medical help with areas of daily living.