Long Term Insurance

Insurance coverage is extremely important to protect from unpredictable events that can dramatically alter life situations. Accidents and illness and other unforeseen events can happen to anyone at anytime. To protect from unfortunate situations and protect loved ones from difficulties insurance coverage plays a very important role. Insurance is highly recommended to people of all ages and there is an insurance coverage to cover most situations or events.

My 86 yr. Mom is in a nursing home. Long term care pays for 2 yrs. What do we do to qualify her for Medicaid?
She has some assets, but not enough to continue paying for the nursing home on her own. What do we do with her assets, so she will qualify for Medicaid when the two years that are paid by long term insurance are up? She has a house and some money in the bank, but it costs $160 a day in the nursing home. We don't understand how Medicaid works and if they take all her assets which she worked hard for and would like to leave to her children. Any help would be appreciated, especially from personal experience. We are planning to see an attorney who specializes in elder issues. The state we live in is Texas. For the person who said our tax dollars will go to pay her bill. She also paid taxes and so did my dad as we all do. He did not utilize Medicaid and if we don't that should be our share. We do not want to get our hands on her money. We want to do the right thing for her and what she wants. My mother has first stage Alzheimers Disease, so needs to be in a facility where she can be taken care of 24 hours a day. One more question. When all her assets are gone and she has to apply for Medicaid, will she be able to stay in the nursing home where she is now. It specializes in different stages of Alzheimers Disease or will she have to move to a government faciltiy?

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what do I owe my long term insurance company if I win my disability case?

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Paying back long term disability insurance company?
I have been drawing long term disbality from my previous employer for 2 !/2 yrs and recently had my hearing for government disablility I have read that you have to pay back the long term insurance company, how much do I owe them? Is it a percentage or do I owe all the money they paid me if I win my case? I read not to cash and spend any of my back pay from the government until I get a bill from the long term insurance company. I have alot of bills to take care of since I have been out of work, What would happen if I didnt pay it all back if I do owe them ?

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