LONG-TERM CARE MYTHS ABOUND.
WANT TO DEMYSTIFY THE PROCESS?
I can get long-term care (at home or in a facility) through Medicare.
TRUE OR FALSE
It’s better to apply to Medicaid too early than too late.
TRUE OR FALSE
Medicaid is for nursing home facilities only, not for in-home care.
TRUE OR FALSE
Both the infirm and at-home spouse need to give up all their savings before the infirm spouse can apply for Medicaid.
TRUE OR FALSE
I can be Medicaid eligible immediately if I sign over my bank accounts to my children.
TRUE OR FALSE
A nursing home that’s Medicaid-certified can require you to pay private payer rates until your personal savings are gone.
TRUE OR FALSE
Once you’re in a skilled nursing residence, it’s too late to apply for Medicaid.
TRUE OR FALSE
HOW DID YOU SCORE?
Count how many times you checked “False” to find out.
0-3. UH OH.
You’ve been “myth-informed.”
7. YOU’VE GOT THIS.
Now let’s act on your knowledge.
3-6. PRETTY GOOD!
Let’s get you to 100 percent.
Myths were made to be busted.
Knowledge is power!