200907.22
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Irrevocable Trust fails at Medicaid Planning

The Massachusetts appeals court recently held that even though an irrevocable, income-only trust expressly prohibited distributions of principal, other provisions in the trust could conceivably permit the trustees to invade trust assets, and thus the trust is countable for Medicaid purposes. Doherty v. Director of Medicaid (Mass. App. Ct., Essex, No. 08-P-939, June 18, 2009). In 2000,…

200905.15
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Medicare Rights Center Secures Coverage for New York Woman’s Cancer Treatment

New York, NY – More than two years after it first filed an appeal, the Medicare Rights Center has secured coverage under the Medicare Part D prescription drug benefit for a New York woman’s ovarian cancer treatment. As a result, Judith M. Layzer will obtain coverage from her Part D plan of Cetrotide, a hormone…

200903.05
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Ending the Two Year Wait for Medicare for SSD Beneficiaries

A Bill, pending in Congress, would end the two-year waiting period for Medicare benefits for people who qualify for Social Security Disability (SSD) – individuals who have suffered a medical condition that renders them unable to work (“Permanently and Totally Disabled”). Medicare coverage is currently available to individuals who are determined to be eligible for…

200811.03
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2009 Medicare and Social Security Figures

Medicare Premiums, Deductibles and Copayments for 2009 · Basic Part B premium: $96.40/month (unchanged) · Part B deductible: $135 (unchanged) · Part A deductible: $1,068 (was $1,024) · Co-payment for hospital stay days 61-90: $267/day (was $256) · Co-payment for hospital stay days 91 and beyond: $534/day (was $512) · Skilled nursing facility co-payment, days…

200805.27
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CMS Says Transfers to Pooled Trusts Subject to Transfer Penalties for those over Age 64.

The Centers for Medicare and Medicaid Services (CMS) have issued a new bulletin clarifying policy on the application of transfer of asset provisions to pooled trusts established by individuals age 65 and older. According to CMS, transfers to these pooled trusts are subject to transfer penalties for Medicaid eligibility purposes. The Bulletin says that States…

200803.18
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New Alzheimer’s Report

As many as 5.2 million people in the United States are living with Alzheimer’s. 10 million baby boomers will develop Alzheimer’s in their lifetime. Alzheimer’s is the seventh-leading cause of death. The direct and indirect costs of Alzheimer’s and other dementias to Medicare, Medicaid and businesses amount to more than $148 billion each year. $89 Billion of free family care-giving was provided to people…