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Tag Archives | medicaid

US Health Care Costs: Highest in the World?

The soaring cost of health care in the United States is painfully obvious to anyone who looks at a medical bill. This aspect of our system has been out of control for decades. A recent study by the Kaiser Foundation compared healthcare prices in the U.S. with those in other developed nations, virtually all of […]

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Help Yourself to Help the Poor and the Planet

Are you concerned about saving the planet? Would you like to see more government funding for research into projects like developing clean energy? How about helping people who cannot help themselves? Would you like to see more government spending for marginalized populations? Here’s one way you can help both the planet and the poor: Live […]

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Do You Need Long-Term Care Insurance?

Do you need long-term care insurance? If so, how much do you need? These are not easy questions to answer. When it comes to paying for long-term health care, it’s hard to know if you need insurance in the first place. If you do, it’s hard to determine whether the insurance company will still be […]

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Planning, Funds Essential To Avoid Nursing Home Stays

If you’ve ever visited someone in a nursing home, chances are you walked out afterward vowing, “I’m never going to end up in a place like this.” That vow is one most of us would make. Keeping it, however, is another matter. Let’s consider some facts. What are the odds you will live the last […]

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Asset Protection and Medicaid

We’re pleased to feature a guest post from Tom Simmons, a partner with the Rapid City law firm of Gunderson, Palmer, Nelson & Ashmore, LLP. A Medicaid Irrevocable Income Only Trust (MIIOT; pronounced “my-ott”) is an irrevocable trust with both advantages for long term care planning as well as asset protection. Basically, a MIIOT provides for […]

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