A lot of people believe they will never need nursing home care, but as practicing Social Security lawyers in Libertyville and surrounding areas, we know that widespread belief is just not true. Unfortunately, as we age we often suffer from conditions requiring 24/7 care in well-equipped and staffed facilities.
Consider, for example, these sobering facts and statistics.
- From 2002 to 2012, the costs of long-term care grew twice as fast as the rate of inflation.
- Sixty-eight percent of Americans age 65 or older have a lifetime probably of suffering some form of disability or cognitive impairment.
- Thirty-two percent of Americans over 85 have some form of memory impairment.
Sadly with age, many of us find ourselves dealing with conditions that require long-term nursing home care that is extremely expensive. Today, the median cost for nursing home care in Illinois is slightly over $62,000 a year. Meeting that expense with your own funds can easily wipe out your lifetime savings, leaving nothing for your survivors.
Another sad fact is that Medicare provides only very limited assistance for long-term care, 100 days at most, if even that. So, we firmly believe the best approach for long-term care that will not bankrupt you and your family is to apply for assistance through the federal Medicaid program.
However, applying for Medicaid assistance for long-term care is something you don’t want to take on alone. Medicaid is a complex, means-tested program, and without experienced legal assistance, your application for Medicaid support for long-term care may be rejected.
Social Security lawyer in Libertyville
At Jeffrey A. Rabin & Associates, our attorneys have the experience and knowledge to guide you through every step of the Medicaid application process. So don’t hesitate, contact our firm today to schedule your initial Medicaid consultation.
