With all the craziness in the financial markets of late, everyone is concerned about their savings - especially seniors who are living on a fixed income and who are perhaps watching their savings fall along with the market.
Here is the good news and bad news about senior care. If you have "some money" you are going to need to foot the bill for any caregiving services. But if you have no money, the government will take care of you for as long as needed, only this care will need to be in a nursing home. But you will be fed and cared for as long as required.
Each state implements their own Medicaid program - Medicaid is the insurance program for very low income seniors. Usually the state asset level for Medicaid qualification is around $2,000.00 in assets. Caregiverlist provides details on each state's Medicaid program, complete with contact information, within our "by state" senior services section:
Find your state on Caregiverlist and learn about the Medicaid qualifications along with other senior services, including the senior driving laws, background checks and Senior Helpline.