Industry News

Veterans’ Care Suffers in VA Nursing HomesThe statistics on quality of care in VA Nursing homes have been tracked for years, but they have been hidden from the public for nearly as long. Families, unknowingly, move their loved ones into these poorly rated nursing homes where their care drops dramatically.

ElderCounsel: Dealing with Retirement Accounts in Crisis PlanningWhen dealing with crisis planning for Medicaid or VA, one of the trickiest assets to handle is an IRA. In select states, IRAs are considered exempt assets. In a few others, IRAs of the community spouse are…

American Bar Association: Annuities Provide Protection in Cases of Nursing Home CareAnnuities are one of the most popular insurance products available. There are various types of annuities that are used in different situations; however, single premium immediate annuities are typically…

Kiplinger: Medicaid Annuities Help Protect SavingsPicture this: your spouse has made a permanent move to a nursing home. You don’t have long-term-care insurance, Medicare won’t cover the cost, and you have too much money to qualify for Medicaid, but not nearly enough…

New York Times: Insurers Find Way to Help the Elderly Get Medicaid to Pay for Nursing HomesAn annuity that converts assets into income can help even affluent people to qualify for Medicaid. But states are cracking down on Medicaid Compliant Annuities, affecting how…