When it comes to securing the best possible care for our loved ones, understanding the financial options available is crucial. Long-term care can be expensive, and it’s important to know about the government programs that may help alleviate some of the financial burden. At Care Remedy, we believe in empowering caregivers and families with the knowledge needed to make informed decisions. In this blog, we’ll explore several government programs designed to assist with long-term care costs.

Medicare: A Foundation for Health Care Coverage

Medicare is a federal health insurance program primarily for individuals aged 65 and older, as well as younger people with certain disabilities. While Medicare covers a wide range of health care services—such as hospital stays, doctor visits, and some home health care—it does not cover long-term care or assisted living expenses. However, it’s still a valuable resource for medical expenses and preventive services.

Medicare has different parts that cover specific services:

• Part A: Hospital Insurance
• Part B: Medical Insurance
• Part D: Prescription Drug Coverage

For those looking for a more integrated approach, Medicare Advantage Plans combine Part A and Part B into a single plan. To learn more, visit Medicare.gov or call 800-633-4227.

Medicaid: Support for Low-Income Individuals

Medicaid is a joint federal and state program that provides health coverage to low-income individuals, including some older adults. Unlike Medicare, Medicaid covers certain long-term care services, including nursing home care and in some cases, in-home care. Eligibility and covered services vary by state, so it’s important to check with your state’s Medicaid agency to understand what’s available.

For more information, visit Medicaid.gov.

Program of All-Inclusive Care for the Elderly (PACE)

PACE is an innovative program that allows seniors who need nursing home-level care to remain in their own homes. PACE is a combination of Medicare and Medicaid services, providing comprehensive care that includes medical, social, and long-term services. This program is available only in certain states and locations, so it’s important to check if it’s offered in your area.

For more details, contact Medicare at 800-633-4227 or search for local PACE programs through the National PACE Association.

State Health Insurance Assistance Program (SHIP)

Navigating health insurance can be overwhelming, especially when dealing with Medicare, Medicaid, and other related programs. SHIP provides one-on-one counseling and assistance to help individuals understand their coverage, eligibility, and costs. This program is available in every state, making it a valuable resource for caregivers and families seeking personalized guidance.

Find contact information for your local SHIP office at SHIPHelp.org or call 877-839-2675.

U.S. Department of Veterans Affairs (VA): Honoring Our Veterans

For veterans, the VA offers long-term care services either at home or in a VA facility. Eligible veterans may receive coverage for nursing home care, respite care, and home health services. However, there may be waiting lists for VA nursing homes, so it’s advisable to apply early.

To explore VA benefits for long-term care, visit VA.gov/geriatrics or call 877-222-8387.

Social Security Disability Income (SSDI)

Social Security provides financial benefits to individuals who are retired or disabled. SSDI is specifically for those with disabilities who have a work history covered by Social Security. If your loved one has a condition that meets the Social Security Administration’s criteria for disability, they may be eligible for SSDI benefits. The program also includes “compassionate allowances” for expedited processing of certain serious conditions, including early-onset Alzheimer’s.

For more information on SSDI, visit SSA.gov or call 800-772-1213.

Navigating the complexities of long-term care funding can be challenging, but understanding the available government programs can make a significant difference. Whether it’s through Medicare, Medicaid, PACE, SHIP, VA benefits, or SSDI, there are resources available to help manage the cost of care. At Care Remedy, we’re here to support you in finding the best possible care solutions for your loved ones.

For more information or assistance, don’t hesitate to reach out to us at Care Remedy. We’re dedicated to helping families find the care they need with compassion and expertise.

Source

• https://order.nia.nih.gov/publication/caregivers-handbook
• National Institute on Aging (NIA) Information Center
• 800-222-2225 (English and Spanish)
• niaic@nia.nih.gov
• www.nia.nih.gov/health
• The NIA Information Center offers information and publications on health and aging for families, caregivers, and health professionals