How Will I Pay For Skilled Nursing Facility Care?
Many people are surprised to learn that their health insurance does not cover all skilled nursing facility related expenses. It is important to inquire about specific coverage with your insurance provider, since coverage varies from plan to plan.
Long term health care insurance is also growing in popularity. Some of the plans do not cover custodial care (specialized treatment for Alzheimer residents, for instance) and like other health insurance plans, it's important to have the policy explained to you very carefully.
There are also misconceptions about Medicare coverage. Please ask an admissions representative at James Square for more detailed information on Medicare and Medicaid coverage. Included below is a short definition of both.
Medicare is a federal health insurance program for persons 65 years old and older, as well as people with permanent disabilities who have met specific criteria. There are very specific guidelines for coverage in a long term care facility, as well as time limitations for the coverage (no more than 100 days).
Medicaid on the other hand is a state program implemented by each county. It does receive federal funding. Medicaid has many facets, but for long term care it pays for the necessary care that an individual may require in a long term care facility. This is available to individuals who have met specific financial criteria and is utilized when all other insurances and private funds have been exhausted.