As your parents age, you may realize they need assistance with daily activities like getting out of bed and dressing themselves. Furthermore, their underlying medical conditions may require around-the-clock care. This is when you might want to start looking for a...
More Than 20 Years Of Serving Colorado Families And Businesses In Times Of Need
Medicaid & Medicare
Why many aging adults need Medicaid for nursing home care
Once people reach retirement age, they can qualify for Medicare insurance. Medicare and supplemental health insurance policies can cover the cost of the basic medical needs of older adults during their retirement years. Most people assume that Medicare coverage is...
Do all personal assets contribute toward Medicaid eligibility?
Older adults in Colorado often need quite a bit of medical care as their health evolves. Although most working adults qualify for Medicare, some of them eventually need Medicaid benefits, which are not as straightforward. Health First Colorado is the Colorado...
How early should people start planning for Medicaid benefits?
Those who have worked throughout their adult lives may not like the idea that they may eventually require Medicaid benefits. Some people even find the implication that they will eventually require Medicaid to be insulting. However, Medicaid exists for a reason and...
What adults need to know about Health First Colorado benefits
Health First Colorado is the Colorado Medicaid program. It helps provide healthcare benefits to individuals who cannot pay for their own medical care or private insurance due to their financial circumstances. Some people require Medicaid if they lose their job or have...
2 important steps when you plan for future Medicaid benefits
The Colorado Medicaid program allows those with few assets and limited income to access medical care. Many older adults will eventually need to apply for Medicaid, and without proper planning, there are numerous pitfalls to that process. Medicaid is a needs-based...
Consider benefits when planning a special needs trust
You want your children to have the best life possible, which means supporting them when they are young. In some cases, you may need to continue to support them for the rest of their lives or even after you die. Creating a special needs trust is a popular way to...
What does Medicare include?
Most people know that Medicare provides low-cost medical coverage for citizens that are over 65. However, what most people don’t know is precisely how Medicare coverage works. Medicare’s services are divided into four parts, each providing different benefits. They...
Do you know what Medicaid does and does not include?
Medicaid planning can be one of the most challenging areas to get right when estate planning. If your parents have too much wealth when they need Medicaid, the authorities could take it to pay for the services they need. On the other hand, if they do not have enough...
How does the Medicaid lookback period work when you apply?
Different government benefit programs cover different needs. Government insurance programs can help connect otherwise-uninsured people with necessary medical coverage and treatment. Unlike Medicare, which only requires that people reach a certain age to qualify,...