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. …
Tag: 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…
Medicaid Changes the Maximum Spousal Support for a Healthier Spouse
When a spouse enters into a nursing home facility, a portion of his or her income may be paid to the healthier spouse but it is based upon complex Medicaid rules and regulations. The regulations refer to an award of…
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Medicaid Now Allows the Healthier Spouse More Assets
There is a tremendous cost associated with nursing home care for a spouse. Most nursing home facilities charge approximately $12,000 to $13,000 each month for a semi-private room. Medicaid will pay for nursing home care, but only after the family’s…
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Social Security Will Increase by Almost 9% in 2023
According to applicable federal law, Social Security benefits are evaluated on an annual basis and the benefits are then calculated based upon the cost-of-living as measured by the Department of Labor Consumer Price Index (DPI). An increase in the Social…
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