2023 Medicaid Asset Limits Released
Aging Louisiana residents often wonder what will happen if they fall ill late in life and need long term care. So many hear horror stories about friends, neighbors and relatives who lose their entire life savings paying between $5,000 and $10,000 per month on nursing homes, assisted living facilities, and in home care options. Many learn too late that Medicare does not pay for long term care services. This begs the question, do any options exist for individuals who prefer preserving their wealth for the next generation? Can any programs offset the immense burden long term care expenses place on [...]