Does Medicare pay for nursing home or long-term care in Kansas?

No. A common misconception among Wichita retirees is that Medicare covers extended care. Medicare only covers medical care like doctor visits and short-term rehabilitation. Extended home health, memory care, or assisted living expenses must be paid out-of-pocket, through insurance, or via dedicated self-funding strategies.

What is a hybrid asset-based long-term care policy?

A hybrid policy combines life insurance with long-term care coverage. If you require care, the policy pays out tax-free benefits to cover your healthcare costs. If you never need care, a death benefit is passed directly to your heirs. We design these plans for Maize and Wichita families looking to ensure their premium dollars are never 'lost'.

How does self-funding long-term care work for high-net-worth portfolios?

For some high-net-worth clients in the Wichita area, purchasing traditional insurance isn't the most efficient route. Instead, we carve out a specific 'bucket' within the portfolio earmarked exclusively for health preservation. This fund is invested more conservatively to ensure liquid cash is immediately available during a health crisis.

2103 Collective Ln, Wichita, KS 67206

316-652-0101

BaxterStaff@Money-Planning.com

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Office: 316-652-0101

Fax: 316-652-0919

2103 Collective Ln

Wichita, KS 67206

BaxterStaff@Money-Planning.com

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