Cost of Long-Term Care 

• • What is the average annual cost of nursing home care in Rhode Island?  Over $114,972                                                                                   

• Does Medicare cover the costs of skilled long-term nursing care beyond 100 days? No, it doesn’t

Long-Term Care Insurance is very expensive and may not fully cover your needs and not everyone qualifies.

Cost of Long Term Care

Benefits of Planning Ahead

Don’t lose all the assets you’ve worked hard to accumulate over your lifetime on long-term care; a Medicaid Qualifying Trust can help you preserve your home and your assets.

You can preserve your assets for your spouse or future generations by transferring them into a Medicaid Qualifying Trust at least five (5) years prior to the need for long-term skilled nursing care.

You will be able to fully enjoy your life and assets now while having the peace of mind that comes with being fully prepared for the potential need of costly care in the future.

Plan Ahead

Emergency Planning

• While it is best to prepare as early as possible, there are plenty of solutions for people who do not have five years to plan ahead for their long-term care costs.

• There are several exceptions to the Medicaid asset transfer rules, and there are other ways that we can help you protect your assets before entering into private long-term care or applying for Medicaid.

Start Protecting Your Assets