Cities in Illinois face pension obligations that are straining their budgets. The president of the Illinois Public Pension Fund Association, Peoria Police Pension Fund President and the Peoria City Treasurer discuss two steps that might ease the financial burden. They support legislation to allow more investment options called the prudent person rule and an open amortization system.
Your Medicare Coverage – Long-Term Care
Source: U. S. Government
Medicare doesn’t cover long-term care (also called Custodial care), if that’s the only care you need. Most nursing home care is custodial care.
Your costs in Original Medicare
You pay 100% for non-covered services, including most long-term care.
What it is
Long-term care is a range of services and support for your personal care needs. Most long-term care isn’t medical care. Instead, most long-term care is help with basic personal tasks of everyday life, sometimes called activities of daily living.