Although Medicaid and Medicare are both public health insurance programs, they have essential differences.

The Internal Revenue Service (IRS) has announced contribution limitation adjustments for employee retirement plans going into effect January 1, 2023.

You may be nervous about whether Medicare will cover a second opinion if you wish to confirm whether a medical treatment or surgery is right for you.

The Centers for Medicare & Medicaid Services (CMS) has released the 2023 federal guidelines for how much money the spouses of institutionalized Medicaid recipients may keep, as well as related Medicaid figures.

If the years since the COVID-19 pandemic have taught us anything about isolation, it is loneliness makes life much harder.

Assisted living facilities support older adults with daily living while fostering their independence. Individuals who do not require round-the-clock nursing but need help with everyday activities like bathing, housekeeping, medications, and meal preparation can benefit from assisted living.

Although original Medicare does not offer food benefits, some Medicare Advantage plans provide a grocery allowance or cover meal delivery.

A MAPT is one option a person may use to protect their assets from Medicaid and nursing homes or long-term care. Consider some pros and cons of MAPTs to see if this long-term care strategy is right for you.

Downsizing can offer many financial and lifestyle benefits for seniors.

Although some view staying in one’s home as favorable to nursing home care, recently released findings have shed light on the serious issues facing those who rely on in-home care.