Page 3 - A Simple Guide to Medicaid Planning

MEDICAID CAN HELP PAY

FOR LONG-TERM CARE

You may qualify sooner and

more easily than you think

Many families are shocked by the cost of long-term care. Nursing homes, assisted living, and in-home
care can cost $8,000–$20,000 per month in Florida. Even careful savers can see a lifetime of
savings disappear quickly.

Medicaid can help cover these costs, allowing you or your loved one to receive quality care without
losing everything you worked for.

WHAT IS MEDICAID? (IN SIMPLE TERMS)

Medicaid is a government program that helps pay for medical care and long-term care, including:
Nursing homes,
Assisted living facilities, or
Certain in-home care services.

For seniors and individuals with disabilities, Medicaid can cover most or all long-term care costs—if you
qualify.

COMMON MEDICAID MYTHS

“I make too much money to qualify.”
“I’ll have to spend everything first.”

“It’s too late to plan.”
“Even if I get approved, the state will take everything after I pass away”

THE TRUTH

Even if your income or assets are above Medicaid limits, there are legal
strategies that may help you qualify while protecting your spouse and family.

WHO CAN QUALIFY FOR MEDICAID?

You may be eligible if you:
Are 65 or older, blind, or disabled;
Need long-term care or ongoing medical support; and
Meet certain income and asset guidelines.
Every situation is different, qualification depends on planning, not just numbers.

(407) 863-0000 WWW.FFF.LAW