The basic Medicaid rule for nursing home residents is that they must pay all of their income, minus certain deductions, to the nursing home. The deductions include a $60-a-month personal needs allowance (this amount may be somewhat higher or lower in your state), a...
Medicaid applicants must prove that they have limited income and assets in order to be eligible for long-term care services. Before beginning the application process, it is helpful to understand what information you will be required to provide to prove your...
Medicare beneficiaries will soon be eligible to obtain up to eight free rapid at-home Covid-19 tests per month, and, unlike their privately insured counterparts, they won’t have to pay for them upfront, the Biden administration has announced. The federal Centers for...
No. Medicaid can only make a claim against the beneficiary’s estate. Family members have no legal or financial responsibility. (This is assuming that the beneficiary has not transferred funds or property to family members.) For more information about estate...
Many people continue to work beyond retirement age, either by choice or out of necessity. But if you are receiving Social Security benefits, you need to be aware of how working can affect your benefit payments. Earning income above Social Security thresholds can cause...
Most likely, no. It is no different from someone using cash to buy a paid-up life insurance policy. Medicaid would almost certainly treat this as a transfer of assets to the beneficiary of the policy. For more information about how life insurance can affect your...
After being off-limits to most members of the public since March 2020, Social Security Administration (SSA) offices are set to reopen on March 30, 2022, barring an unexpected snag in negotiations with unions representing agency workers or a major change in the...
A federal court has ruled that hospitalized Medicare beneficiaries who were switched from inpatient to observation status can appeal the decision, making it easier for them to receive coverage for subsequent nursing home care. The ruling appears to bring to an end...
Americans’ ability to quickly and easily test for COVID-19 is one of the most important tools for stopping the infection’s spread. This is why the Biden administration recently announced it is requiring private insurers to cover the cost of up to eight rapid...
If a loved one is experiencing memory loss or suddenly making poor decisions, you may want the court to appoint a guardian, which requires a declaration of incompetence. Determining whether someone is incompetent to make their own decisions is a complicated process....
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