How much money do you think that you need to retire? There are many assumptions involved in answering that question, but one assumption is the greatest of all: how much money will you need for your health care costs? Fidelity projects that a 65-year old couple who retired in 2016 should expect an average cost
Medicaid
Whether you believe it is a good trend or a bad one, the number of households that receive benefits from the Federal Government has almost reached the halfway mark.
Welfare Dependence Keeps Growing According to the most recent data from the U.S. Census Bureau, 152.9 million out of 308.9 million total Americans received some form
You may have saved diligently for retirement and managed your money well, but in the end, long-term care costs can derail your plans and quickly exhaust your savings and other assets. According to LongTermCare.gov, average costs for 2010 were $6,235 and $6,965 per month for semi-private and private rooms in nursing homes, respectively. For how
Medical insurance is experiencing tumultuous change with the implementation of the Affordable Care Act (“ObamaCare”). As of January 1, 2014, every American is required to have minimum insurance in force. However, many of us are still uncertain about how to obtain suitable coverage. This article aims to cut through the confusion, to set you on
Medicaid Basics
Medicaid and CHIP (the Children’s Health Insurance Program) exist to ensure health coverage for low-income Americans. CHIP is designed to cover children of families who have incomes too high to qualify for Medicaid but too low to afford private coverage.
Many people think of Medicaid as being for younger Americans and Medicare for