Medicaid Planning for Nursing Homes in Waco, TX
At Rainey & Rainey, Attorneys at Law, LP, we are committed to using our knowledge of the law to help clients throughout Waco strategize to obtain the Medicaid benefits they need to afford nursing home care. As experienced elder law attorneys, we know firsthand how important it is to have a plan in place. That is why we are to help if you or a loved one needs help qualifying for Medicaid. We can devise a nursing home plan that suits your financial priorities to make sure you or your loved one are safe and have access to high-quality care if you end up in a nursing home.
How Much Is Nursing Home Care in Waco?
According to Senior Advice, the cost for nursing home care in the state of Texas ranges from $94 to $260 per day. That’s a median cost of $139. The average monthly cost adds up to around $4,170 and ranges between $2,820 and $7,800 per month. The annual cost of nursing home care in the state is around $50,735. In Waco, TX, the average cost for nursing home care is about $64,240 a year, which amounts to around $176 per day. Based on these figures, nursing home care in Waco, TX will cost an extra $14,000 a year when compared to other cities in the state.
Do All Nursing Homes Accept Medicaid?
Medicaid is a federal and state program that provides financial assistance to individuals that qualify. However, not every nursing home in Waco will accept Medicaid payment. This is why you should consult with our legal team at Rainey & Rainey to determine if the nursing home you like takes Medicaid patients. Even if you applied for other Medicaid services in the past and didn’t qualify, you might still be eligible for nursing home coverage under Medicaid depending on your income and personal resources. Consult with our lawyers today to discuss your situation.
Draft a Comprehensive Nursing Home Plan Today
If your goal to take control of your future, then you need to speak to our skilled legal professionals to discuss what we can do to implement a long-term care plan that includes Medicaid coverage for nursing homes. Our lawyers can guide you through each aspect of the planning process to address a variety of circumstances, so please don’t hesitate to get in touch with our law firm to make sure your best interests are protected.