Texas Announces Plans to Combine Medicare and Medicaid Benefits

For people who receive both Medicare and Medicaid benefits from the state of Texas, things might be getting a whole lot easier. The state of Texas just received approval from the federal government to test an idea that would combine the delivery of Medicare and Medicaid benefits to individuals enrolled in both programs.

Why the Change?

Officials say that the combination of the two services could help make it simpler for enrollees to receive their benefits while also potentially reducing costs for both the state and federal …

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Top Three Reasons People Don’t Plan for Long Term Care in Retirement

Top Three Reasons People Don’t Plan for Long Term Care in Retirement

Planning for retirement is something every one thinks about. Choosing a retirement destination, managing retirement accounts, and ensuring there will be adequate income during those years are common actions for people in their 40s and 50s who are looking further down the road towards their future. Planning for long term care, though, is often left out of the equation.

Long Term Care Myths

Somehow, many people plan their retirement quite meticulously, but forget to factor in one of the biggest costs that can hit during retirement: long …

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Medicare Won’t Pay for Long Term Care

Medicare Won’t Pay for Long Term Care

Most of us know someone who has needed long term care services at one point or another. Whether it was a grandparent, friend, or simply an acquaintance, it isn’t hard to recognize that long term care often has emotionally and financially devastating effects on families.

Too often, people assume that Medicare will pay for their long term care if something ever happens. When a real medical emergency arises, they find themselves scrambling to find a new plan after being told the truth: Medicare won’t pay for …

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