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Why Did COBRA Cost Me $40K in Medical Expenses?

Why Did COBRA Cost Me $40K in Medical Expenses?

by Toni King | Jun 24, 2021 | Long-Term Care, Medicare, Medicare Part B, Toni Says

Why Did COBRA Cost Me $40K in Medical Expenses?   Reader Alert:  Many employer benefit group plans terminate the day you are no longer working full-time.  Explore employer group medical plan rules and options with Medicare if you or your spouse are 65 or older....
Does Medicare Cover Alzheimer Facility Care?

Does Medicare Cover Alzheimer Facility Care?

by Toni King | Jan 8, 2021 | Long-Term Care, Medicare

Does Medicare Cover Alzheimer Facility Care? Morning, Toni: I read your Medicare column regularly and have never seen you address the issue of paying for an Alzheimer facility care.  I am concerned that I may wipe out my 401K or savings if the arises due to long-term...
Does Medicare Pay for a Long-Term Care Need?

Does Medicare Pay for a Long-Term Care Need?

by Toni King | Jan 8, 2021 | Long-Term Care, Medicare

Does Medicare Pay for a Long-Term Care Need? Toni: Recently my older sister had a stroke and needs extra care at home.  I was told from friends at church that Medicare will help to pay for her at-home care.  I cannot find any information about Medicare paying for...
What is the Medicaid Estate Recovery Program?

What is the Medicaid Estate Recovery Program?

by Toni King | Oct 15, 2020 | Long-Term Care, Toni Says

What is the Medicaid Estate Recovery Program? Toni, I am a financial planner with a client who just received a bill for her mother’s Medicaid Long Term Care that was cared for at her mother’s house instead of a nursing home.   Sue is now stuck with a $67,500...
Are You Prepared for An Unexpected Accident or Illness?

Are You Prepared for An Unexpected Accident or Illness?

by Toni King | Sep 14, 2020 | Long-Term Care, Toni Says

Are You Prepared for An Unexpected Accident or Illness? Hi Toni: Recently, I had a bad car wreck and ended up in the hospital with only a minor concussion from hitting the windshield and my wife was not hurt at all. I was surprised when the hospital asked for my...
Will Medicare Cover Long Term Care Issues Caused By COVID-19?

Will Medicare Cover Long Term Care Issues Caused By COVID-19?

by Toni King | May 5, 2020 | Long-Term Care, Medicare

Will Medicare Cover Long Term Care Issues Caused By COVID-19? Morning, Toni: I read your recent article about COVID-19 and Medicare and recently my husband has contacted this terrible virus. He has been in ICU due to his delicate health issues because he is an...
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