Ron Schmidt’s Post

Medicare does NOT cover long-term care. Yes, it will help cover skilled nursing facilities after meeting certain criteria, but after day 100, you are responsible for 100% of the cost. Considering that the average length of stay at a long-term care facility is 3 years, relying on Medicare is risky. #financialplanning #taxplanning #financialadvisors #cfp #ltc #longtermcare

True or False? 🤔 Medicare will cover all long-term care or nursing home bills. Share your guess in the comments below and check back next week for the answer!

Many people assume Medicare will cover all their long-term care needs. However, in reality, Medicare only covers a portion of skilled nursing expenses – and for a limited time (if at all). Having a long-term care (LTC) plan in place ensures you’re fully protected and not left with unexpected out-of-pocket costs. Take control of your future today. #LongTermCareAwarenessMonth #LTCAwareness

Many people assume Medicare will cover all their long-term care needs. However, in reality, Medicare only covers a portion of skilled nursing expenses – and for a limited time (if at all). Having a long-term care (LTC) plan in place ensures you’re fully protected and not left with unexpected out-of-pocket costs. Take control of your future today. #LongTermCareAwarenessMonth #LTCAwareness

Did you know? The average nursing home stay costs over $100k per year!  Don't let long-term care expenses catch you off guard. Plan ahead to protect your assets and secure your future. We’re here to help.  #LTCAwarenessMonth #LongTermCare #LTC

Many people assume Medicare will cover all their long-term care needs. However, in reality, Medicare only covers a portion of skilled nursing expenses – and for a limited time (if at all). Having a long-term care (LTC) plan in place ensures you’re fully protected and not left with unexpected out-of-pocket costs. Take control of your future today. #LongTermCareAwarenessMonth #LTCAwareness

Many people assume Medicare will cover all their long-term care needs. However, in reality, Medicare only covers a portion of skilled nursing expenses – and for a limited time (if at all). Having a long-term care (LTC) plan in place ensures you’re fully protected and not left with unexpected out-of-pocket costs. Take control of your future today. #LongTermCareAwarenessMonth #LTCAwareness

🚨 Monday Myth: Medicare Covers long-term care. 💡Truth: Medicare ONLY covers short-term care, not extended stays in a nursing home. Don't let this myth catch you off guard! Let's plan ahead to ensure your long-term care needs are met. Contact us at 404-410-6505 to learn more! #srlawgroup #srlaw #lawoffice #blackownedlawfirm #elderlaw #blackowned #georgia #womanowned #estateplanning #supportblackownedbusinesses #estateplanningattorney #estateplanninglawyers #douglasvillega #lastwillandtestament #longtermcare #adoptions #vaimprovedpension #medicaidplanning #legacyplanning #douglascounty #mythmondays

3 layups Congress can take right now to help America’s seniors: 1) Kill the unfunded staffing mandate that will close nursing homes across the country. 2) Kill the rule that prevents nursing homes from training nursing assistants. 3) Hold penetrating oversight hearings followed by congressional action on the Medicare Advantage Industrial Complex that is simultaneously ripping off American seniors, taxpayers, and medical providers. UnitedHealthcare Humana Aetna, a CVS Health Company Centene Corporation Anthem, Inc.

Nursing home costs can be overwhelming, but they don't have to drain your loved one's savings. Contact Robert Goldberg & Associates at 770-229-5729 to learn about our free webinar and explore your options. #SeniorCare #FinancialPlanning