Transitioning to an assisted living or nursing home facility can be a significant change in one’s life. It’s a decision that often comes with a mix of emotions, from relief to apprehension. According to Matt Routh from Clearview Homes & Estates, it’s important to have your financial and medical affairs in order to help you prepare for a smooth transition, giving you peace of mind.
- Medical Power of Attorney: Clearview Homes & Estates recommends having a Medical Power of Attorney, a legal document that allows you to appoint someone you trust to make medical decisions on your behalf if you become unable to do so. This is crucial in situations where urgent medical decisions are required and you might be incapacitated.
- Financial Power of Attorney: Clearview Homes & Estates also recommends that you have a Financial Power of Attorney. This legal document designates a trusted individual to manage your financial affairs if you’re unable to. This can include paying bills, managing investments, or handling other monetary matters.
- Understanding your health insurance plans and benefits: Clearview Homes & Estates is available to speak with you about your health insurance plans and how they will be applicable to your transition to assisted living or nursing home care. You should understand your health care benefits, supplemental insurance, if any, and whether you have a prescription drug plan. If you are a veteran, you may be entitled to benefits to help with your care expenses.
Clearview Homes & Estates will also discuss your potential eligibility for Medicaid, so you can learn whether you qualify and how it can potentially assist in covering some or all of your care expenses.
Transitioning to assisted living or nursing home care requires careful planning and understanding of various aspects, both medical and financial. By ensuring you have the necessary legal documents in place and a clear grasp of your healthcare benefits, you can make the move with confidence and security.
For more information, please contact Matt Routh at:
Clearview Homes & Estates
406 W. Washington St.
Mount Ayr, IA 50854