Is Self-Directed Long-Term Care for You?

More and more people who are approaching retirement age recognize that they may need support in the form of long term care. What long term care looks like for you depends on your funds, your support systems in place for managing long term care, such as an insurance policy, and your individual requests.

More people than ever are asking for self-directed long-term care, and a new study shows that this could lead the way for those who have appropriate assets to support it. More and more person-centered choices are being supported by Medicaid.

It’s important to remember that Medicaid is managed at the state level, and for this reason, you want to verify that you understand what is available through your state’s Medicaid program and have done everything possible to protect your underlying goals. You might be able to receive customized care services.

If this is not the case now, it might change in the future. Interviews taken with those people who selected customized care services were experiencing equally good or better outcomes than those who had conventional care and were overall more satisfied with their selection. This is an evolving trend. Through veteran and Medicaid directed programs all over the country, there are now more than 100 people in the various Medicaid and veteran programs that are classified as self-directed. You deserve to have an attorney to advise you about how to craft an estate plan and long-term care plan that reflects your best interests.

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