Before seeking medical care, imagine if you were ill and had to decide if you could afford it. Unfortunately, for many Americans, seeking medical care hinges on affordability rather than medical necessity. About half of US adults have gone without or delayed…
Families and individuals with low incomes can get health insurance through Medicaid. However, because of the steep costs associated with long-term care, Medicaid planning is a growing trend for individuals with higher net worth as an alternative to spending down…
Senior consumerism is evolving into a market centered on wellness and solutions at an affordable price. Improving and maintaining greater physical and mental health lifestyles through proactive and preventative measures is increasing. For seniors to thrive and flourish in retirement,…
In addition to self-monitoring medical devices, telehealth, and smart homes, the internet of things and technological advancements enable many older Americans to stay in their homes longer and live more safely. Elder law and at-home medical technology uses can intersect…
A number of tax provisions have been incorporated into the Inflation Reduction Act (IRA) which went into effect in August 2022, along with the SECURE 2.0 Act which went into effect in December 2022. Lower-income household tax code changes will…
There are astronomical costs associated with nursing home care if you become seriously ill or injured. You might also know that Medicare would cover only a minimal amount of those costs. Private insurance doesn’t seem like a good bet if…
In 1965, Medicaid was established to provide healthcare to low-income and asset-poor individuals. The state and the federal governments cooperate in delivering benefits. The state you live in makes a big difference in determining when or if you are eligible.…
A growing number of baby boomers will need extra care as they reach their golden years. Some may be able to get the care they need at home from a family member or in the form of hired help. Many…
