Life Begins with a Plan: Medi-Cal Planning Made Easy

 

 

 

The cost of residential nursing home care has skyrocketed over the years. Currently, the average cost of a nursing home in California ranges between $8,000 and $10,000 depending on your location and whether you’re considering a private or semi-private room. For many, this monthly cost is out of reach. That’s even more so when private insurance doesn’t help cover the cost. If you’re considering Medicaid or Medi-Cal, then there are a few things you should know.

First, regardless of whether you qualify for Medicaid or Medi-Cal, the upon your death, the state has a right to lay a claim against your assets to attempt to reclaim some of the costs associated with your long-term care or other medical expenses. However, this doesn’t mean your spouse or significant other needs to liquidate everything for repayment. There are other options available. To explore them, you’ll need the help of an expertwho’s familiar with the intricacies of California law and Medicaid. You’ll need a Medi-Cal planning attorney.

Medi-Cal planning is more than determining whether you qualify for state insurance. Your attorney will also guide you through any alternative funding options to help you cover the cost of long-term care. If that includes Medi-Cal, then your Medi-Cal planning attorney will guide you through the expectations and plan for your or your loved one’s future while protecting your assets.

Don’t delay the planning process. It’s better to be prepared well in advance than waiting until the last minute to get started. Call today to schedule a free consultation.