SunFox Financial’s Post

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

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

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

Whether you're planning early for long-term care coverage or just now realizing you may need to pay for skilled nursing in the future, you need answers. While Medicare may cover some expenses, most long-term care generally falls on you. Find out how to prepare early for long-term care coverage! https://lnkd.in/gdmJKJsj #attorney #nc #medicaidplanning

Quality care matters at every stage of life, and it can look different for each person. Did you know there’s a Five-Star Quality Rating System that can help? Check out Centers for Medicare & Medicaid Services tool to help patients and families understand their options & assess healthcare quality in nursing homes, hospice & other care settings: https://lnkd.in/epK-4ZEW #HealthyAgingMonth

In April, the Centers for Medicare & Medicaid Services (CMS) released a final rule implementing a minimum staffing standard to address poor-performing nursing homes. This rule requires facilities to provide a minimum of 3.48 hours of direct care per resident per day (HPRD). Though many nursing home residents will likely need care that far exceeds the 3.48 HPRD. If nursing homes wanted to truly care for their residents, they would step up their staffing game. It's not just a rule - it's a responsibility to ensure the well-being of those in their care and uphold their duties as a nursing home. Don't let your loved ones suffer in understaffed facilities. Find out more about the new rule and how it will impact staffing, residents, and the facilities, here: https://lnkd.in/eyr3Y_ff #nursinghomeabuse #endelderabuse

Long-term care planning isn't just about nursing homes. It's about securing your independence and peace of mind. Discover how to prepare for your future on Medicare. https://lnkd.in/g4dqG3mA #AgingGracefully #PlanAhead #FinancialSecurity

Save money while healing faster! By using our home dressings, patients can save the Medicare program an average of $2,500-$4,500 over home health nursing costs. It's a win-win for both patients and the healthcare system! Take control of your healing with Acute Wound Care. AcuteWoundCare.com #AcuteWoundCare #CompressionPumps #WoundCare

"Expansion of home health care could help people that might otherwise go to a nursing home remain in their communities. Recent evidence indicates that increased Medicaid home care spending significantly reduced the use of nursing facilities." #publicpolicy #medicare #healthcare https://bit.ly/3P9VYnJ