…Farr Law Firm’s Critter Corner team. Due to a “processing error,” about 411,000 seniors who have their Medicare Part B premiums automatically deducted from their bank accounts through Medicare’s Easy…
Search Results for: medicare advantage
How Knowledgeable and Prepared Are Americans for Long-Term Care? An AARP Survey Explains
…on keeping people healthy or getting them better medically. Medicare Part A covers primarily inpatient hospital stays; Medicare Part B covers doctor visits, and Medicare Part D covers prescription drugs….
Ask the Expert: 2015 Key Medicaid Dollar Amounts
…have changed for the coming year: Medicare Deductibles, Premiums and Co-pays Medicare Part A Deductible 2015: $1,260 deductible for each benefit period 2014: $1,216 deductible for each benefit period Medicare…
Happy Anniversary to the Affordable Care Act!
…allows CMS to share savings with doctors and hospitals who take responsibility to improve the quality and cost of care to Medicare enrollees; Reforms the Medicare Advantage program to stop…
A CAPABLE Program for Aging-in-Place
…has been the major source of support. Szanton is advocating for the program to become a Medicare benefit or part of Medicare Advantage plans. Private home care agencies might also…
What Tax Deductions Should Seniors Know About this Year?
…if they don’t itemize. This includes Medicare Part B and D, plus the cost of Medicare Supplement (Medigap) policies or a Medicare Advantage plan. The IRS considers self-employed people who…
Using LLCs and Asset Protection Trusts for Asset Protection of Rental Property
…one of the owners dies, their rights of ownership pass automatically to the surviving owner(s) through the right of survivorship. Joint Tenancy Advantages: • One main advantage to holding title…
Rental Property Protection: LLCs vs. Asset Protection Trusts
…an attachment to IRS Form 1040 to show their share of rental income and loss. Joint Tenancy with Right of Survivorship (JTROS) Advantages: • One main advantage to holding title…
New Law Will Slash Medicare Copayments
An overlooked portion of recent Medicare legislation promises Medicare recipients greater access to mental health benefits. Both houses of Congress passed the new law, known as the Medicare Improvements for…
Ask the Expert: Do You Lose Medicare or Medicaid Coverage if you Leave a Nursing Home for a Family Event?
…to lapse.” According to the Medicare Benefit Policy Manual, if your sister, Maeve, leaves and returns by midnight the same day, the nursing home can bill Medicare for the day….
The “Fiscal Cliff” and What it Means for Medicare
Medicare was established in 1965, providing health insurance for people 65 and older, regardless of income or medical history. Throughout their working lives, people pay into Medicare based on the…
Balanced Budget Act: Good or Bad for Seniors?
…strengthening oversight and reporting requirements. Medicare Medicare Part B premiums were on track to increase. However, the legislation averted a pending premium hike for many Medicare enrollees, while extending a…
Are We Nearing the End of Medicare’s Three-Day Rule?
…count observation stays towards the three-day rule. The Improving Access to Medicare Coverage Act of 2019 would ensure Medicare covers this doctor-recommended post-acute care by counting the time spent under…
Medicare Blue Button Information Can be Accessed Using a Smartphone App
What happens when your dad who lives 1,000 miles away comes for a visit, gets sick, and needs medical care? How can local doctors access his medical information? MyMedicare.gov’s Medicare…
New Medicare Dashboard Advances Affordable Care Act (ACA) Goals for Chronic Conditions
The Centers for Medicare & Medicaid Services (CMS) recently launched a new Medicare Chronic Conditions Dashboard, offering researchers, physicians, public health professionals and policymakers access to current data on chronic…
Medicare Care Planning Benefit for People with Alzheimer’s
…who treat Medicare beneficiaries with cognitive impairment, including Alzheimer’s disease and other dementias, are eligible for reimbursement under Medicare using the G0505 code. These clinicians include physicians; physician assistants; nurse…
State of the Union: Status of Senior Programs
…Seniors? -The Medicare Access and CHIP Reauthorization Act of 2015 eliminated the flaws in how Medicare pays physicians, permanently extended a program to help low-income seniors pay for their Medicare…
Is it the End for Observation Status?
…and an even larger bill from the nursing home. Although Medicare covered the surgery and the one day in the hospital after that, it did not cover the first week…
Help for Depression in Seniors During Mental Health Awareness Month
…to treatment. For more details about Medicare and depression, please click here. Here is what is covered by Medicare, when it comes to mental health: Medicare Part A Medicare Part…
Is Nursing Home Eviction Ever Legal?
…law applies to all federally-supported nursing homes, meaning all nursing homes that accept Medicare and/or Medicaid, which is approximately 99% of all nursing homes in the country. Nursing home evictions…
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