A newly introduced piece of federal legislation—referred to as the Big Beautiful Bill—proposes to reallocate over $1 trillion in Medicaid funding over the next decade. While the bill is still under review, the potential impact on seniors, caregivers, and families in East Tennessee could be significant.

Many people rightly worry about what happens if they have to go into a nursing home and they don’t have long-term care insurance. They’ve heard stories about people who had to spend down their entire nest egg before they could qualify for any government benefits. The stories are true, and it happens all the time, but it’s not your only option.