…policies out to do the responsible thing, to not be a burden on their children, should they need care. Patty knows that Medicare does not cover long-term care, and how…
Search Results for: medicare advantage
How Caregivers Can Help Prevent Falls
…care providers about managing their concerns. He or she should take advantage of preventive benefits available under Medicare, such as the Annual Wellness visit. Talk about medications: Many prescription and…
How to Scam-Proof Your Life During the COVID-19 Pandemic and the Holiday Season
…to Congress on older consumers. 1. Romance Scams Unfortunately, cyberspace is full of scammers eager to take advantage of lonely hearts. The con works something like this: You post a…
After the Covid-19 Pandemic—How It Has Impacted Retirement
…contribute as much as you can afford to your tax-advantaged retirement accounts, such as your Roth IRA, traditional IRA, and your 401(k) or another employer-sponsored plan. At a minimum, put…
Medicaid-Covered Home Health Care in Maryland — Reality or Illusion?
…insurance and Medicare, and inaccessible for most Maryland residence due to the long waiting lists described above. Some of our Maryland clients are fortunate enough to have family members who…
Virginia Governor Vetoes Proposal to Repeal State’s Filial Responsibility Law
…Ebbin described two real-life examples of when the law was taken advantage of in Virginia. For example, he says, a “brother who had run his mother’s finances into the ground,…
SECURE 2.0: The Biggest Changes for Retirement Savings in 15 Years!
…your tax-advantaged retirement accounts, such as your Roth IRA, traditional IRA, and your 401(k) or another employer-sponsored plan. At a minimum, put in enough to earn your employer’s matching contribution,…
Is Retirement Good or Bad for Your Mental Health?
…us do, be sure to stay engaged through volunteerism. Research has shown that there are significant advantages both for the volunteer and, of course, for the people they help.” Not…
Fredericksburg, Virginia Elder Law Attorney
…Medicare will cover extended nursing home care. In most situations, it does not. Medicare is health insurance and is generally limited to short-term skilled rehabilitation. Long-term custodial care is usually…
Important Elder Law and Estate Planning Numbers for 2010
…bills before Congress would grant a special increase in Social Security payments for 2010. In addition, when no Social Security COLA is provided, Medicare Part B premiums — which are…
Five Myths about Long Term Care Planning
…and in control of decisions ahead. Read our recent blog post entitled “Elder Law—It’s Not Just for Elders” for more details on when to start planning. Myth 2: Medicare, Medicaid,…
Long-Term Care in the United States- The PACE Program
…workers, nurses, and many other services while continuing to live at home. The program exists is 29 states today and is paid for primarily by Medicare and Medicaid with no…
Long-Term Care – What Are Your Options?
…aides, are not covered by Medicare. The average stay in a nursing home typically lasts about three years, so even the most financially prepared person will be challenged by $9,000…
Part 2: Tax-Time Series- Claiming a Parent as a Dependent
…Medicare/Medicaid benefits for nursing home subsidies if and when that time comes. Christine receives about $500 a month in Social Security and has no retirement savings at all. Tom currently…
The Need for Transparency in Medical Care
…similar to the transparency of information that is readily available for nursing home care. Nursing homes are currently rated annually by Medicare, and the quality of care ratings for more…
Aging – Kaiser Health News
…Judd Gregg On Revamping Entitlements And Taxes; John Breaux On Slashing Medicare Fraud; Medicaid Limits On Hospital Stays A selection of editorials and opinions on health policy from around the…
Why You Shouldn’t Put Off Long-Term Care Planning
…people in denial about planning for long-term care, below are reasons for NOT putting off Long-Term Care Planning: Medicare’s 100day rule explained is crucial for understanding how long coverage lasts…
A Universal Benefit that Assists with Long-Term Care—Not in the U.S.
…from being impoverished by catastrophic long-term care costs. In the U.S., for seniors over the age of 65, Medicaid has become equivalent to federally-subsidized long-term care insurance, just as Medicare…
How Will the New Congress Affect Key Elder Law Issues?
…drug company stock prices have already dipped in anticipation. Rep. Pelosi, who will be the new House Speaker, says changing Medicare to allow the federal government to negotiate drug prices…
Long-Term Care Benefits for Veterans and Spouses
…Income. It also does not include unreimbursed medical expenses actually paid by the veteran or a member of his or her family. This can include Medicare, Medigap, and long-term care…
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