The Complete Cardinal Guide
TO PLANNING FOR AND LIVING IN
RETIREMENT
WE HELP YOU EMBRACE THE 7 WORRIES IN RETIREMENT
What is the Long-Term Care Partnership Program?
Getting long-term care insurance can be time consuming, stressful, and expensive; it is important to get the most out of the policy you end up choosing. If you go with a Traditional Long-Term Care insurance policy, one perk you have access to...
Can I get Long-Term Care Insurance with Pre-Existing Conditions?
Absolutely yes, you can get coverage for long-term care if you have pre-existing conditions. It is a misconception that you can't get coverage if you are not 100% healthy. While not having any conditions might get you a better rate, it is not impossible to...
Does Medicaid pay for Long-Term Care?
The short answer to this questions is yes, Medicaid will pay for long-term care services. Medicaid covered at least 6 in 10 people in nursing homes in 2014. While they will pay for it, it is not the best option for everyone, and everyone will not qualify,...
Does Medicare Pay for Long-Term Care?
“Medicare does not pay for long-term care, so you may want to consider options for private insurance.” This is stated on every person's Social Security Earnings Report (as seen in the photo), yet many people still have not planned how they...
How Do I Pay for Long-Term Care?
Seventy percent of Americans that are 65 or older are expected to need long-term care services at some point in their life, according to the U.S. Department of Health and Human Services. Unfortunately, when people need care, they are not...
What is Long-Term Care?
Long-term care has evolved a lot over the course of the last few decades in the United States, but it is still a mystery to many. On a basic level, long-term care is a variety of services that help people live as safely and independently as...
What happens when one spouse goes on Medicare and the other isn’t eligible?
While it would be convenient for spouses to have the exact same birthday, this is not usually the case. For many couples, their age gap becomes a problem when it comes time to sign up for Medicare. When one spouse goes on Medicare and the other spouse is...
Medicare vs Medicaid
Medicare and Medicaid are regularly used interchangeably, but they are very different programs. While both were established by the U.S. government in 1965 to cover healthcare costs and are taxpayer funded, that’s about where the similarities end. Do you know the difference between Medicare and Medicaid?
What is Medicare Part B?
Many refer to Medicare as “alphabet soup”, and Part B is one letter of this. Medicare Part B is one part of Original Medicare, which is made up of Part A and B. While Part A is hospital insurance, Part B is medical insurance, covering doctor and outpatient...
What is Medicare Part A?
Medicare is made up of four parts: Part A, Part B, Part C, and Part D. Many people getting ready to start Medicare, even people already on Medicare, don’t know exactly what all these parts cover. Part A and Part B are referred to as Original Medicare....
