5. Examining Medicare, Medicaid, and long-term care issues


Life’s Financial Journeys

Heading Off to College
Getting Out on Your Own
Blending Two Lives
Having a Child
Emptying the Nest
Entering Retirement
Divorce
Death of a Life Partner
Military Life


Examining Medicare, Medicaid and long-term care issues. “What options do I have for managing my health care?”

The costs of health care and long-term care are significant costs effecting expenses. Medicare is the primary health insurer for individuals 65 and older. Medicaid is a safety-net program providing health care benefits for individuals younger than 65 with low incomes and resources.

The following subtasks may assist you in examining Medicare, Medicaid, and long-term care issues. You will find detailed resources for these subtasks under the links in the right column of this page.

Subtask 1: Assessing your Medicare status

Subtask 2: Determining the role that Medicaid may play in your health care planning

Subtask 3: Addressing long-term care issues


Death of a Life Partner Tasks

1. Taking stock of your financial situation
2. Identifying your sources of income
3. Revising your spending plan
4. Revising your estate plan and advance directives
5. Examining Medicare, Medicaid, and long-term care issues

Examining Medicare, Medicaid, and long-term care issues Subtasks

1. Assessing your Medicare status
2. Determining the role that Medicaid may play in your health care planning
3. Addressing long-term care issues

FOUNDATION OFFICE

NAPFA Consumer Education Foundation
8700 W. Bryn Mawr Ave., Suite 700N
Chicago, IL 60631
(847) 483–5400 ext. 106
foundation@napfa.org

 

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