Protect Medicaid. If you have elderly parents who qualify and they suddenly require nursing home care, do you have the means to pay for their housing and medical needs?
Why is this important?
My husband and I were caring for my mother and his father. When they each needed admission to a nursing facility we would have lost our home and I would have had to quit my job to tend to them if it hadn't been for Medicaid. Both of them had worked all their lives but didn't have the resources to cover such an expense.