Kroener Hale Law Firm

We are here to listen, learn & help

TEXTS ONLY: 513-828-7510

We are here to listen, learn & help

TEXTS ONLY: 513-828-7510

During these hard and uncertain times, the staff at Kroener Hale Law Firm are still here to serve you. Please contact us at any time to schedule a free 30 minute telephone/skype consultation to discuss your legal needs. We will continue to diligently protect the rights and interests of our clients through these tough times.

Providing The Advice & Guidance You & Your
Family Need To Make Informed Decisions

Providing The Advice & Guidance You & Your Family Need To Make Informed Decisions

Many people believe that all aspects of estate planning only come into effect after death, but this is not true. Considering how Americans are living longer lives than ever, careful financial planning for your golden years is essential.

The realities of old age mean that you may need assistance with daily tasks at some point. However, many people do not budget appropriately for this expense. Some people think that Medicare will cover the costs associated with hiring an assisted living helper. According to LongTermCare.gov, Medicare only covers costs associated with assisting living if it is medically necessary.

What is “medically necessary” assisted living?

Medicare will cover expenses related to assisted living if a physician deems it a necessary acute care cost. For example, if you require assistance in the direct aftermath of an injury, surgery or illness, Medicare will cover this.

However, there are limitations to this. Medicare will cover 100% of the cost related to nursing care for the first 20 days only. After this, Medicare will cover part of the expense and bill the patient a copay for the first 100 days. After 100 days, Medicare will cover no part of the cost.

Additionally, persons who suffer from degenerative conditions will also get assistance from Medicaid. Degenerative conditions include diseases like Alzheimer’s, Parkinson’s, multiple sclerosis and ALS.

How can I pay for assisted living?

Assisted living expenses are generally privately financed. Many people choose to sell their homes and use the profits to move into an assisted living facility if it is necessary. If you are a veteran or married to one, you may also receive veterans benefits that you can use to finance assisted living.