Trustee of Trust Subject to Medicaid Estate Recovery Must Exhaust Administrative Remedies
A Minnesota appeals court holds that a lower court did not have subject matter jurisdiction over a case, brought by the trustee of a trust who was arguing the state had no right to recover Medicaid benefits, because the trustee did not exhaust his administrative...
Federal Program Helps Temporary Nursing Home Residents Move Home – While Maintaining Care
Once someone enters a nursing home, even for a temporary rehabilitative stay, it isn't always easy to move out again - especially for those receiving Medicaid benefits to pay for care. While some residents may prefer nursing home care to living on their own, others...
Medicare Now Covers the Cost of COVID At-Home Tests
If you have Medicare, you can now receive up to eight free rapid at-home Covid-19 tests a month at participating pharmacies. The free tests are available without a prescription to all Medicare beneficiaries with Part B, including those enrolled in a Medicare Advantage...
Federal Court Has Jurisdiction to Hear Challenge to Medicaid Lien on Inheritance
The Second Circuit rules that a district court does not have to abstain from hearing a challenge to a state court’s validation of a lien on a Medicaid recipient’s share of his grandmother’s estate. Cavanaugh v. Geballe (2nd Cir., No. 21-571-cv, March 17, 2022). Brian...
The Unwinding: Millions Could Lose Medicaid Coverage When the Pandemic Is Declared Over
While declining COVID-19 cases are good news, the end of the pandemic could mean millions of Medicaid recipients, including millions of children, will lose their coverage. Federal law has prevented states from terminating Medicaid benefits while the coronavirus health...
What If Social Security Won’t Honor My Mother’s Power of Attorney?
You are right; the Social Security Administration does not honor durable powers of attorney. Powers of attorney are created under state law and are not necessarily binding on federal agencies. A representative payee manages benefit payments for beneficiaries who are...
Is a Payment to a Student Loan Company Exempted from the Gift Tax?
One way for a gift to be exempted from reporting requirements, no matter the gift's size, is to pay for someone else's educational tuition. However, only payments directly to educational institutions qualify for the exemption to the gift tax filing requirements, so a...
Claiming Social Security Benefits at Age 70
If you are about to turn 70, congratulations on reaching a big milestone. And if you also have delayed claiming Social Security retirement benefits up till now, you are joining a select group -- only 6.5 percent of Social Security recipients put off collecting their...
Medicaid’s “Snapshot” Date and Its Crucial Impact on a Couple’s Financial Picture
When a married couple applies for Medicaid, the Medicaid agency must analyze the couple’s income and assets as of a particular date to determine eligibility. The date that the agency chooses for this analysis is called the “snapshot” date and it can have a major...
How Secure Is Social Security?
For years people have been worried about Social Security’s future, but what is the actual outlook? According to the federal government, unless Congress acts to intervene, Social Security shortfalls are expected beginning in 2035. Social Security retirement benefits...
Will My Advance Directive Work in Another State?
Making sure your end-of-life wishes are followed no matter where you happen to be is important. If you move to a different state or split your time between one or more states, you should make sure your advance directive is valid in all the states you frequent. An...
Should You Prepare a Medicaid Application Yourself?
Whether you should prepare and file a Medicaid application by yourself or should hire help depends on answers to the following questions: How old is the applicant? How complicated is the applicant's financial situation? Are you concerned with the well spouse (i.e. the...
Home Health Aide Costs See the Sharpest Increase in Annual Long-Term Care Survey
Long-term care costs climbed again in 2021, with rates for home health aides and homemakers seeing the sharpest rises, according to Genworth’s annual Cost of Care Survey. The coronavirus pandemic continues to contribute to cost increases. In the past year, Genworth...
Things to Remember at Tax Time
Tax day, which is Tuesday, April 19 in 2022, is approaching and it is time to begin crossing T's and dotting I's in preparation for paying taxes. As tax time draws near, you want to make sure you file all the proper forms and take all deductions you're entitled to....
Alzheimer’s Awaits Nearly All Those with Down Syndrome. Why No Urgency?
Just about everyone with Down syndrome (DS) will begin developing Alzheimer’s starting at about age 40, making it the leading cause of death for the 200,000 or so people with DS in the U.S. But this dire prognosis is getting little attention. Many guardians and...