Financial Advice for Retirement, Social Security, IRAs and Estate Planning

Nursing Homes

Found 8 Articles.

Nursing Homes Could Be Hitting Hard Times

September 4, 2018

A lot of long-term care has shifted to home care and assisted living facilities, taking business away from traditional nursing homes. The nursing homes are starting to feel some financial pain. This article describes how a Massachusetts nursing home is in such serious financial trouble that it stopped paying premiums for employees’ health care, though […]

Secrets of Some Nursing Homes

January 11, 2018

This article points out a report that concludes some nursing homes engage in some financial manipulation. They outsource a number of services performed in their facilities. But the services are outsourced to related companies. The report found that nursing homes that do this tend to have fewer nurses on duty and other shortcomings. A Kaiser […]

Nursing Home Care: Your Kids and Your Long-Term Care

August 30, 2017

This article has a lot of interesting data about nursing home care. It explains how long people are likely to need a nursing home stay and how much it could cost. It also makes the interesting point that elderly people with adult children are likely to need less long-term care than others. You can use […]

Nursing Home Arbitration Agreements are Binding

May 17, 2017

Nursing homes have been joining the list of companies that require customers to sign agreements waiving their rights to go to court. Any disagreements must be taken to arbitration. A Kentucky court had found that the agreements weren’t binding when an agent for a nursing home resident signed the agreement on the resident’s behalf, unless […]

A Look at Tomorrow’s Older America

January 13, 2017

Politico.com has an interesting package of articles on the aging of America. Unlike other reports, it doesn’t spend a lot of time on the statistics showing the average age of the population is getting older and that is going to increase in coming decades. Instead, it has articles on several innovations for helping older people […]

Nursing Homes Control Patients Who Don't Pay

January 27, 2015

A nursing home has options if you are admitted to residence and can’t pay your bills or dispute some of them. The nursing home has the option of going to court and seeking guardianship over the resident. In New York especially the law is written to make it easy for nursing homes to be appointed […]

Tips for Signing into a Nursing Home

September 18, 2012

When someone begins residence at a nursing home, a lot of documents need to be signed by the resident or someone acting on his or her behalf. More and more often, one of those documents is an arbitration or mediation agreement. In effect, the resident is signing away the right to take any disputes to […]

medicaid-trust-strategies

Medicaid Nursing Home Strategies

September 1, 1999

Many of you have seen those seminars or publications on shifting assets to qualify for Medicaid’s nursing home coverage. I know, because you send me questions about them. Here is a guide to those strategies and the angles you need to consider before pursuing them. Medicare, the program to assist seniors with health care, covers […]

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