There’s a reason why Medicaid accounts for 16% of United States healthcare expenditure. Millions of Americans rely on Medicaid to provide them with health insurance when they don’t have sufficient assets to pay on their own.
It’s also important for many elderly people because it includes long-term care coverage, like nursing homes. However, to qualify for it, you need to carefully plan your finances. Otherwise, you could end up paying for these medical costs out of pocket.
Because of this, we always recommend hiring a lawyer to help you with Medicaid planning. To show you why we’ve listed some of the top benefits that come with doing so. That way, you can decide for yourself whether it’s the right call for you.
There is no Conflict of Interest
All too often nursing homes will refer people to non-lawyers to plan for their Medicaid. This is a problem because the individual often works for both the client and the nursing home.
So, if it’s in the interest of the nursing home, then they may try to get the client to pay privately for as long as possible. With a lawyer, there’s no such conflict of interest. At the end of the day, they want what’s best for their client, regardless of the wishes of the nursing home.
It can Save you Money
Many people don’t want to dish out unnecessary money for a lawyer. But, this can end up costing you a lot more. With proper Medicaid planning provided by a lawyer, you can save thousands on long-term care costs.
They have a Deep Knowledge of Elder Law
Medicaid planning is undoubtedly complicated. As such, it helps to have a professional with years of experience working in this field.
They can work with you to achieve whatever goals you want to achieve, whether it’s finding the best nursing home, or remaining independent by staying at home.
Where can you Find Good Medicaid Attorneys?
Hopefully, at this point, we’ve convinced you to hire legal help when planning for Medicaid. But, how do you find a good one? First, we recommend asking around your network. If your friends and family can’t turn anything up, then try a quick Google search.
Just make sure they have good reviews before you meet with them. Ideally, they’ll be like these Medicaid attorneys with lots of satisfied clients.
Because of this, we always recommend hiring a lawyer to help you with Medicaid planning. To show you why we’ve listed some of the top benefits that come with doing so. That way, you can decide for yourself whether it’s the right call for you.
Want More Content? Keep Reading
We hope this article helped show you why hiring a lawyer is vital when planning for Medicaid. Many people make the mistake of avoiding lawyers to save money. However, as you can see, this will only end up costing you more money in the long run.
So, do yourself a favor and hire a good Medicaid attorney today.