What Is a Medicare Flex Card?

Some Medicare Advantage beneficiaries receive Medicare flex cards, pre-paid debit cards for qualifying expenses, as part of their benefits. The U.S. government does not issue Medicare flex cards. This benefit is only available on select Medicare Advantage plans, a...

Tax Deductions for Parents of Children With Disabilities

Unique tax benefits are available to families who have children with special needs. And thanks to recent changes in the tax code, there are opportunities to save substantial amounts of money at tax time. Thomas M. Brinker, Jr., a professor of accounting at Arcadia...

Lawmaker Revives the Expanding Veterans’ Options for LTC Act

A bipartisan bill recently reintroduced to Congress seeks to support senior military veterans in living more independently as they age. The number of U.S. military veterans aged 85 or older who will become eligible for nursing home care is anticipated to increase by...

Legal Decision Making as Your Child Nears Age 18

Privacy laws were enacted so that when a child turns 18, his or her parents are no longer able to make medical or financial decisions for them because that child is now considered a legal adult.  This is the case for all children turning 18, especially those with...

CMS: Medicare Will Soon Cover Certain Alzheimer’s Treatments

Medicare recipients living with a diagnosis of Alzheimer’s recently received promising news: The Centers for Medicare & Medicaid Services (CMS) has announced that it would begin covering new Alzheimer’s treatments that receive approval from the FDA. “If the FDA...