Jay C Zito Financial Professional

04/06/2026

https://l.smartnews.com/p-7tJZomhW/ibm04s

If you haven’t checked your Medicare costs recently, you may be in for a surprise. Hospital stays are getting more expensive and not just by a little. New 20...

11/11/2025

09/08/2025

Medicare covers monthly chronic pain management and treatment services, which may include a person-centered care plan, medication management, and communication with your other providers. Talk with your doctor about your options:

Get pain management insurance coverage to help with chronic pain. Learn about Medicare coverage for physical therapy, treatments, screenings, more

09/01/2025

Happy Labor Day ! Have a fun and relaxed Labor Day! If you’re celebrating outdoors today, don’t forget your water, sunscreen, and hat. ☀️ ⛱️ 👒

08/25/2025

My mom, 80, needs nursing care, but Medicare won't pay — now the home wants to take her Social Security. I need a plan
Once you turn 65, there is a 70% chance that you are going to need some kind of long-term care during the remainder of your lifetime, according to LongTermCare.gov.
Unfortunately, paying for this care can be very difficult: Genworth's Cost of Care Survey shows the median cost of a semi-private room in a nursing home in the US was $111,325 per year in 2024.

Medicare does not ever cover routine nursing care (called custodial care) for those who can't do basic life tasks. Medicare does cover skilled nursing care for up to 100 days but only under limited circumstances such as when you've just left the hospital.

Medicaid does pay for nursing care, but she has to qualify — which means the person cannot have countable property or resources above $2,000.

Once on Medicaid, will the beneficiary will be required to send thier Social Security checks to the nursing home, minus a personal-needs allowance and minus other insurance premiums she may be paying.
In 1972, the PNA was set at a minimum of $25 per month, which was raised to $30 per month in 1987. That $30 amount remains the federal rule, but states can set higher PNAs up to $200 per month maximum. In 2024, PNAs averaged $70 nationwide, but ranged from $30 to $200.

So, unfortunately, based on the current rules, the nursing home can take almost all of your money if you are not successful at appealing and getting Medicare to cover the skilled care, but a person would still need to be in a home.
What can you do if this happens to you?

The best thing to do to avoid this happening is to be prepared for the chance of going into a nursing home by buying long-term care insurance. 850-776-4611 www.anewwavenavigators.com
The National Association of Insurance Commissioners has a guide to buying long-term care insurance that can help you find the right policy.

08/21/2025

Happy World Senior Citizens Day!! ❤️

08/19/2025

We help our clients minimize family conflicts with a legacy plan designed to preserve and distribute assets fairly. 850-776-4611

08/19/2025

You get a Medicare Summary Notice (MSN) every 4 months by mail when you get any services through Original Medicare during that time period. Beat the wait (and check for fraud more easily): Choose electronic MSNs to get an email every month when your copy is available in your account. 850-776-4611

07/30/2025

Medicare turns 60 today! Since being signed into law in 1965, Medicare has covered millions of people to help them thrive as they age. This year, we celebrate with the more than 68 million people who use Medicare!