medicare Articles

Your Pre-New Year Retirement Countdown

Your Pre-New Year Retirement Countdown

Your Pre-New Year Retirement CountdownAs you prepare to count down to a new year, have you also considered your retirement readiness?

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Do You Really Need Long Term Care Coverage?

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long term careFor some seniors, long term care coverage enables them to peacefully age in place. For others, the insurance is a needless expense. Which category do you fall into?

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What You Need to Know About Medicare Home Care Benefits

inhome_careIndividuals recuperating from an illness or injury may wish to consider the convenience of in-home care. However, they may be unsure whether they can afford such services. For those enrolled in the Medicare program, the relevant question is: Does Medicare pay for home care? If so, what types of services does Medicare cover? …Read more ›

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Which Are Best: Motorized Scooters or Electric Wheelchairs?

Mobility Aids for the Elderly: Motorized Scooters vs. Electric Wheelchairs

Mobility Aids for the Elderly: Motorized Scooters vs. Electric WheelchairsContrary to popular belief, becoming frail is not a natural progression of aging. But when the elderly are having balance issues, or decreasing mobility, it may be time to consider a mobility aid. While a cane or walker is often sufficient, an older adult may need a motorized scooter or an electric wheelchair. So, how do you …Read more ›

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Obama: “New Era of Medicine” Should Benefit Seniors

Obama’s State of the Union Addresses Senior Health

Obama’s State of the Union Addresses Senior HealthIn his recent State of the Union address, President Obama described these years as a “new era of medicine,” and outlined federal initiatives designed to benefit the senior population’s access to health care. (more…)

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The Medicaid Option That Can Pay Family Caregivers

Caregiving for a parent can be costly—especially if you quit your job to do it. But there are a few ways family caregivers can actually get paid for their caregiving work.

We published an article about this here. But recently, the syndicated Savvy Senior column also went over some options. For some people, one is Medicaid:

In 15 states, Medicaid offers a Cash & Counseling program (see …Read more ›

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Tip to Avoid Hefty Nursing Home Bill After Hospital Stay

Sometimes after a hospital stay, Medicare beneficiaries are sent to a nursing home for short-term rehabilitation. And sometimes, they’re charged for that nursing home stay.

Though Medicare doesn’t pay for long-term care in a nursing home, it does cover limited post-hospital rehab in one—if the patient was actually admitted to the hospital. Some are instead admitted under “observation status”—and may not realize it.

“Medicare requires a beneficiary to spend three ‘in-patient’ nights in a hospital before …Read more ›

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Average Medicare Part D Premiums Increasing Slightly

Average Medicare Part D premiums have gone up—but not by much. By next year, they’ll be at $31, the Associated Press reports. “The increase comes after three stable years in which the average premium hovered around $30 a month.”

Of course, that means some of these drug plans ring in above that $31—sometimes by quite a bit. “Last year seven of the top 10 plans raised their 2013 premiums by double-digit percentages,” …Read more ›

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Can You Give Away Assets to Qualify for Aid and Attendance?

When you apply for Medicaid, you may face penalties if you’ve given away money or assets within the last few years. So does the same go for the veterans Aid and Attendance pension?

No, says attorney Michael Hodes in a column featured on the website for CBS Baltimore. Gifts don’t cause problems for VA pensions. But keep those Medicaid penalties in mind because you never know when you might need it:

Any time …Read more ›

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Lawyer: In Hospital, Beware the Word “Observation”

Hospitals have been keeping more and more Medicare patients on observation status rather than admitting them. That has serious ramifications for many patients. Observation status can be more costly than admission, and Medicare may not pay for a nursing home stay afterward.

So elder law attorney Ellen Morris offers some advice in an article at the Florida news site Telegram.com:

Morris said she’s advising her clients to be aware of their status, …Read more ›

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