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MEDICAID 2010


CMS ANNOUNCES MEDICARE PREMIUMS, DEDUCTIBLES FOR 2010

Most Medicare beneficiaries will not see a Part B monthly premium increase as a result of a "hold harmless” provision in the current law.  This allows for 73 percent of beneficiaries to be protected from an increase raising the 2010 Part B monthly premiums from $96.40 to $110.50.  The Administration continues to urge Congressional action that would protect all beneficiaries from higher Part B premiums and eliminate the inequity of a high premium for the remaining 27 percent of beneficiaries.

By law, the Centers for Medicare & Medicaid Services (CMS) is required to announce the Part A deductibles and Part B premium amount – a notice that is published annually in the Federal Register. 

Under the Medicare law, the standard premium is set to cover approximately one-fourth of the average cost of ...


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FORECLOSURE FRAUDS


This might not have much to do with Medicaid, but you might be in a situation where you are facing foreclosure. You might have been contacted by people offering you relief from your foreclosure.

There is a book out there ($20) that will help you avoid foreclosure rescue scams. Check it out:

ForeclosureScams

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WHAT ARE THE MEDICAID IMPLICATIONS OF A SECOND MARRIAGE?



For more information about Medicaid and Medicare,click here:

Seniors who get remarried are often concerned about what will happen to their assets if their new spouse enters the nursing home in the future. They are concerned that their hard-earned assets they saved could be lost. They also want to make sure that when they die their assets will go to their children. Although the prenuptial agreement will protect the senior’s assets from claims of his surviving spouse when he dies, the prenuptial agreement does not protect his assets from his spouse’s nursing home expenses. Seniors who have entered into second marriages are often surprised to learn that the prenuptial agreement that specified that their spouse had no claim to their assets does not prevent Medicaid from counting the assets of the spouse at home in determining Medicaid eligibility.

Medicaid is the governmental program that pays nursing home costs when ...


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FEDERAL NURSING HOME SITE NOW NOTES TROUBLED FACILITIES



The federal Centers for Medicare & Medicaid Services (CMS) has announced that its Web site comparing nursing homes will now identify facilities that are on its list of those that have a history of poor performance.


From now on, the agency’s Nursing Home Compare site will point out nursing homes that it calls Special Focus Facilities — those that have repeated violations of state and federal health and safety rules and that rank in the worst 5 percent to 10 percent for inspection results in a given state. CMS released the names of the 131 SFF facilities earlier this year, but this is the first time they will be included on the Nursing Home Compare site.

The troubled facilities are identified by a small "2″ in superscript next to a facility’s name.

A Wall Street Journal article on the CMS decision notes that "consumer groups and nursing home officials ...

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A MEDICAID STORY THAT STARTS OUT BAD BUT TURNS OUT JUST FINE



Fredrick P. Niemann, Esq., a NJ Medicaid Eligibility Attorney
 

Recently, we posted an article about a Dad who gifted a large sum to his children and within 6 months needed long term care.  Because the money had been spent and could not be returned I had to explain to the daughter that Dad would not be eligible for Medicaid for 4 and ½ years.  A complete disaster.  But this week let’s take a look at a success story, long before long term care and Medicaid were needed.

 
Mary contacted our office concerning her mom who was living in an assisted living facility.  Mom had transferred her assets to her 3 daughters.  They had begun to spend some of the money on Mom’s care but had also opened and closed accounts, moving, combining and commingling assets.  Over time it would have been very difficult to follow the paper ...

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