Myth #3- Medicare will cover the cost of my long-term care.

Fact #3 - Many people mistakenly believe that Medicare and supplemental health insurance policies will cover the cost of long-term care. These plans provide benefits to help pay for short term health care - for example, hospital care, physician services, and short-term rehabilitation.  While Medicaid does assist with the cost of long-term care, it is a needs-based program - a form of public assistance - and relying solely on Medicaid to cover your care may limit the care options available to you. An elder law attorney can help you consider all payment options to determine which ones are viable for your specific situation. The purchase of long-term care insurance may give you the flexibility to choose the type of care you need in the setting you desire, but an elder law attorney can review the policy's terms with you and consider what level of coverage you may need.