Contact Medicare 1-800-633-4227 or Medicare.gov for information about Medicare and how it can help pay for your parent’s care. Medicare paid for my father-in-law’s dialysis, hospital stays, rehab stays, hospital bed rental and visits to the doctor. Between Medicare and AARP supplemental insurance most of his care was covered. We estimate that his care over [...]
Medicaid is a Federal and state health insurance program for people with limited financial resources. In determining what are financial assets your elderly parent’s home, furniture, car or insurance policies with a cash value of $5,000 or less are not counted as assets. The guidelines for what is covered vary from state to state and [...]
Medicare HMO If you don’t want Medi-gap insurance you can enroll your elderly parent in a Medicare HMO. He/she has to keep Medicare A & B but they use the doctors and hospitals in the HMO. One nice thing about an HMO is that it covers preventative care that is not covered by Medicare. An [...]