Medicare Cover Long Term
This is a question that I get asked about Medicare Cover Long Term, and unfortunately, the answer is always the same, No. Medicare will cover a Skilled Nursing Home stay following an admitted Hospital stay. Days 1-20 will have a $0 copay, 21-100 IN 2023 will be $200.00 per day and over 100, you will be responsible for all costs. For Long Term Custodial coverage, No.
What Can I Do?
Hindsight is always 20/20. Considering it in our 30, the premium for Long Term Care might be reasonable. getting in your 60s could be cost-prohibitive. Medicaid might be an option, and services are designed to provide home care for fairly long periods. Ask your Medicare Advisor.
Mike Miligi- Owner- Michael M Insurance Services
For over 10 years, Mike has been assisting Seniors and other Medicare-eligible individuals in understanding the ins and outs of Medicare and Medicare Health Insurance options, including Medicare Advantage Plans(Part C), Medicare Supplement Plans(Medigap), Prescription Drug Plans(PartD) and Dental and Vision programs.
Mike is Licensed in 7 States and Certified with 11 Insurance Carriers and has helped thousands of individuals decide on the best course of action for their particular Health Insurance needs. Because Mike is an Independent Medicare Health Insurance Broker, he works for the client not the Insurance Carriers and is able to provide his clients with accurate and unbiased Health Insurance options.
