Medicaid with Asset Protection Header


What is Long Term Care?

According to the National Institute on Aging it is care involving a variety of services designed to meet a person's health or personal care needs during a short or long period of time.

What is the average monthly long term care costs in the Tampa Bay Area?

Depending on your needs this can range from $2,000 to $10,000 per month. This is covered by your own assets, long term care insurance, VA Pensions with aid and attendance, and medicaid.

What is Medicaid Planning?

Peebles and Gracy does Medicaid Planning. A general definition of Medicaid planning is any assistance provided to a potential Medicaid applicant in advance of and in preparation for their Medicaid application. Medicaid planning can be as simple as assistance with the collection and preparation of documents or as complicated as a complete re-structuring of one’s financial assets.

What is Asset Protection?

What is Asset Protection? Asset protection for the purposes of qualifying for Medicaid involves moving assets out of the name of applicant or changing the asset into a non-countable asset; without creating an uncompensated transfer of assets.

Long Term Care Costs

Adult Day Care
$1907 Per month
Assisted Living
$3205Per month
Home Health Care
$3718 Per month
Home Health Aide
$4096 Per month
Nursing Home (Not REHAB) - Semi-Private Room
$8319 Per month
Nursing Home - Private Room
$9642 Per month

What are your payment options?

VA Assistance and Aid
Long Term Care Insurance
your savings