SPECIAL PROBLEMS AFFECTING THE ELDERLY – PART 2
by Thomas D. Begley, Jr., CELA This article continues the discussion of special problems for the elderly. (Here is a link to Part 1.) Long-Term Care. About 70% of Americans will require some form of long-term care be it home care at $28 to $30 per hour, assisted living at $6,000 to $12,000 per month,…
MEDICARE SET-ASIDE ARRANGEMENTS
by Thomas D. Begley, Jr., Esquire, CELA In addition to any claim for reimbursement for the conditional payment of past medical expenses, Medicare also has a right to consideration for the Medicare beneficiary’s future medical expenses. Unless adequate funds are set-aside in a suitable arrangement, Medicare will not pay that person’s future medical bills. A…