Nursing home care is not free.
Nursing homes don't steal people's savings or their homes. However, they will not provide free care and will insist on being reimbursed for the care they provide.
Economics 101 :)
In this episode...
We meet, Steven Zaidman, a Licensed Medicare Insurance Specialist, and he walks through the process of planning and paying for long term care.
Many times the children of the patient are hit with this cost unexpectedly. They have very limited intimate knowledge of their parents finances and sometimes in for some surprises.
Having a conversation earlier on with parents regarding long term care insurance can go a long way to alleviate this eventuality.
Phone 732-497-2273 (Work)
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