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Financing Long Term Care
February 5 @ 1:30 pm - 3:30 pm$10
AT LIFELONG ($10)
Description: Many people assume that Medicare will pay for most of their medical needs in retirement. But one large gap is long term care, whether it’s for long term home health care or long term nursing home care. We will discuss the options for paying for long term care, including Medicare and Medicaid. Although Medicaid was designed as a program for low income individuals, it has become the payer of last resort for nursing home care for the middle class. We will discuss the eligibility rules for Medicare payment for nursing home care and home health care, and then focus more in depth on the very complex eligibility rules for Medicaid payment for nursing home care.
Presenter: Marcie A. Finlay, Cornell Law graduate, member of Tompkins County. Estate Planning Council and the National Academy of Elder Law Attorneys, has practiced law in Ithaca for over 20 years in the areas of Wills, Trusts and Estate Planning, Elder Law, Probate and Estate Administration, Guardianship and Special Needs Planning. She has previously served as a Board Member for the Community Foundation of Tompkins County and McGraw House and is a volunteer Panel Member for the Surrogate Decision Making Committee.