Estate Planning Archives | Page 11 of 11 | Martinson & Beason, P.C.

Category: Estate Planning

3/17/2011

Alabama Medicaid: Under-funded and over-extended

The Alabama Medicaid Commissioner has divulged that the state of Medicaid in Alabama is dire. According to Dr. Bob Mullins, the Alabama Medicaid needs $700 million to operate. That is, according to Dr. Mullins, approximately 40% of the General Fund of the State of Alabama. There is a large shortfall in funding for this agency and the main cause of this budgetary gap is the loss of federal stimulus money. With no telling if the federal government will ever again have a stimulus package, Gov. Robert Bentley and other Alabama officials are scrambling to fund this desperately-needed agency.

3/7/2011

Alabama To Get New Veterans Home with $33 Million Federal Grant

Pell City, Alabama is about to join Huntsville, Alexander City, and Bay Minette as a host to a Veterans Home. According to the U.S. Department of Veterans Affairs and the Alabama Department of Veterans Affairs, $32,965,078 has been awarded for the construction of this new state veterans home. The grant will aid in the cost of designing and constructing a nursing home with 174 beds and an assisted living facility with 80 beds. This is great news for Alabama veterans as most of the Veterans Homes in Alabama are overbooked and have extremely long waiting lists just to be able to go there. Applying for and receiving an available bed at a Veterans Home can save a family thousands of dollars a month in health care expenses and long term care expenses.