Elder Law Leaders Host Free Seminar to Share Nursing Home Strategies that Protect a Family’s Assets
Moorestown, N.J. – The Begley Law Group is hosting a free elder care seminar on Thursday, June 9 in the Stone Harbor area. The seminar will cover what individuals and their families can do to keep nursing home costs from wiping out their savings, including how Medicaid or Veteran’s Benefits can pay for these costs….
POMS CLARIFICATIONS
The Social Security Administration has made a number of clarifications to the POMS effective in 2010. These include the following: 1. COVERDELL EDUCATION SAVINGS ACCOUNT (ESA) 1.1. Designated Beneficiary The designated beneficiary is the individual who is to receive the benefit of the funds in the account. The designated beneficiary can be changed to a…
MEDICARE SET-ASIDE ARRANGEMENTS IN THIRD PARTY LIABILITY CASES
The Legal Authority for Requiring a Medicare Set-Aside Arrangement Medicare Secondary Payer Act.[1] The authority for the Centers for Medicare and Medicaid Services (CMS) to require consideration of a plaintiff’s future medical expenses is found in the Medicare Secondary Payer Act (MSPA). Under the MSPA Medicare is generally precluded from paying the beneficiary’s medical…
PLANNING FOR LONG-TERM CARE
WHAT SHOULD YOU KNOW ABOUT LONG-TERM CARE? Long-term care is an area of growing concern to older Americans and their families. Approximately 70% of individuals age 65 or older eventually require some form of long-term care. Whether that consists of home healthcare, assisted living or nursing home care, the costs can be substantial. Without adequate…