Sort out your parents' insurance coverage.
Which types of housing and help are covered by insurance varies wildly from policy to policy and from state to state. Public and private coverage can be confusing and arcane, but to assess which housing options are viable, you'll need to know which policies your parents hold. The big players are Medicare, Medicaid, and private insurance (sometimes provided by a former employer or through MediGap).
Question | Answer | Follow-up | Done |
Do you have any private insurance? Do you have a MediGap policy? Does your former employer provide health benefits? | Find out where the documentation is and make a copy. | ||
Are you covered by Medicare? Which Medicare plan covers your prescription drugs? | Find out where the documentation is and make a copy. | ||
Do you have long-term care insurance? | Find out where the documentation is and make a copy. |
I suggest starting with a search using www.YourCity.MD by putting in your zip code then picking one of the cities to get all the local information about senior living facilities available to the public. The reports are all free. The facilities in each city are rated and after you search for any facility you can click on it to see which are best for your family. Thisd is a great site to find out the information you seek.