In fact, there are many learners of English language who mistakenly used these words interchangeably as if they were synonyms. Despite overlapping, there are certain subtle differences between the two words that will be highlighted in this article.
But unlike Medicare, Medicaid can be used to pay for long term nursing home care in all states. Many states also allow their residents to use Medicaid to pay for assisted living communities or other alternatives to nursing homes such as in-home care.
But this need not be so. Medicaid rules are fairly complex, but if you know them and arrange your finances accordingly, you might be able to keep your nest egg and still qualify for nursing home assistance. Protect your Assets from the Catastrophic Costs of Nursing Home Care does just what the title suggests. Federal Spousal Impoverishment Act - how the spouse at home can protect his assets while the other spouse is in a nursing home.