If a person requires skilled care after a hospital stay of at least three days, then Medicare will cover a portion of that person’s care in a facility. According to the applicable federal law, Medicare will provide payment in full…
Tag: federal law
Medicaid Allows a Spouse to Keep More Assets in 2024
The cost of long-term care can be catastrophic. Families have lost virtually all of their life savings due to the tremendous cost of long-term care in a facility. Fortunately, there are a number of laws that protect a healthier spouse…
Read More Medicaid Allows a Spouse to Keep More Assets in 2024
Protect Home for a Spouse
If a spouse requires long-term institutional care then it will have a significant impact on the family’s finances. Only after the assets have been spent down will Medicaid provide coverage for that spouse’s long-term care needs. This is known as…
Changes in Medicare Part B Premium for 2023
Medicare Part B provides coverage for services by a physician, outpatient hospital services, durable medical equipment and other health services that are not covered by Part A. Each year the Medicare Part B premium is revised based upon federal law. …
Medicare Changes Daily Co-pay
If a person who is on Medicare requires therapy, rehabilitation or skilled care in a facility, then Medicare may pay a portion of that person’s care in the facility. According to federal law, that individual must have been in a…
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