If a patient qualifies for Medicare and is concerned about long-term care costs, what advice should a nurse provide?

The correct choice emphasizes the importance of evaluating all assets and shared property when considering long-term care costs. This approach allows the patient to develop a comprehensive understanding of their financial situation. Many individuals are unaware of how various assets, including property ownership and shared accounts, can impact their eligibility for assistance programs. By taking into account the total value of assets and any co-owned properties, a patient can better prepare for potential long-term care expenditures and make informed decisions about financial planning, estate management, or seeking additional support.

By not focusing solely on singular options, such as selling a home or relocating, the advice enables a more nuanced understanding of the financial landscape which is essential in planning for long-term care. Additionally, thoroughly assessing assets can also uncover options for qualifying for certain state programs or help maximize benefits within Medicare, providing a clearer path forward for managing long-term care costs efficiently.