Monday, September 17, 2007

Ahhh... Even the Government Says to Not Count on Medicaid

Straight from the US Government's Medicare website... the risk that Medicaid will
have insufficient funds to take care of your long term care needs is
"High". Their comments about the risk (taken from their long
term care risks table
) are:

- Amount received from Medicaid may not pay all long-term care costs
- Recovery of Medicaid may be made against estate

Ouch!