Dad is a resident in a skilled nursing facility. The family wants to take him out of the facility for the Thanksgiving weekend so that he can share in the family dinner and visit with family and friends. How will this effect Dad's coverage under Medicare or Medi-Cal? Medicare Coverage Medicare is the federal health care plan for persons age 65 and older who contributed to the Social Security System while working as well as the spouses of these individuals. Medicare only provides limited … [Read more...] about Will Dad Lose Government Assistance If He Leaves His Nursing Home for a Family Event?
Today, a senior age 65+ has about a 1 in 4 chance in spending some time in a nursing home. About 10% of the population over age 65 currently resides in a skilled nursing facility, assisted living or board and care / residential care for the elderly (RCFE) facility. Over 50% of seniors over age 95 today are in nursing homes. And an even great percent of the senior population is receiving some kind of care giving in their homes. With the senior population expecting to double in size between … [Read more...] about Educational Webinar Hosted by Riverside Elder Law Attorney
The cost of long term care is soaring. Providing care in the home can easily cost more than $10,000 per month, depending on the level of care needed and whether an agency is used or you privately employ the caregiver. Board and care facilities in Riverside County and San Bernardino County can easily cost from $2,500 to $6,000 per month. Assisted Living Facilities in the same area start at about $3,000 per month, and specialized memory care units can range from$5,000 to $8,000 monthly. How can … [Read more...] about Riverside Estate Planning Attorney and Certified Financial Planner Discuss Financing Long Term Care