Medicare Long Term Care Coverage

My father had a serious Stoke and now he needs long term care, we wonder if we will withdraw its assets before the insurance covers.

Although Medicare does pay certain costs in the long term care, the people of these costs will be borne by Medicare and Medicaid. But the truth is: most seniors do not usually meet their long-term care needs from any source. Rather a combination of assistance from government support, private funds and community services is used to pay the bill.

You can view this article which questions and answers about Medicaid and long-term care:

http://www.agingcare.com/133720