This update provides new Medicare figures for 2018. This is the first of a four-part series of updates for 2018. Medicare Part A: Hospital Services Inpatient hospital deductible $1,340/illness Daily co-insurance $0/day 1-60 $335/day 61-90 $670/day 91-150 Skilled Nursing Facility (SNF) Daily co-insurance amount $0/day 1 – 20 $167.50/day 21 – 100 Part A Premiums… Read More »
Posts Categorized: Medicare
The Trump Policy Analysis Group (TPAG)  has convened to consider probable changes in law that will affect older Americans and those with special needs. Initial TPAG focus is on entitlements, public benefits, tax, special needs planning, and veterans’ benefits. We used a three-fold analysis: stated policy (declared Trump policies and those of the Republican Congressional… Read More »
Unless you have a crystal ball, it’s impossible to predict what the future holds. Should you become unable to make your own decisions, it is imperative to appoint someone to take care of your affairs and make healthcare decisions on your behalf. Additionally, in order to ensure that your assets are passed on to your… Read More »
Medicare recipients who reside in New York should keep an eye out for their new Medicare card. In an effort to prevent fraud, and fight identity theft, the federal government is issuing new Medicare cards to all Medicare beneficiaries that will no longer have Social Security numbers on them. The federal government began mailing the… Read More »
Date: Aug 15, 2018 Time: 10:00 AM – 11:30 AM Location: Alzheimer’s Disease Resource Center Address: 45 Park Avenue, Bay Shore, NY 11706 Join Frank L. Buquicchio, JD, CELA, CAP for this Free Educational Seminar and Learn: How to Access Quality Long Term Care How to Pay for Long Term Care How to Protect your Assets and Income… Read More »
In 2018, recipients of Social Security will see a 2 percent increase in benefits due to the rise of cost-of-living. This adjustment in cost-of-living is the highest of its kind since 2012. Last year, there was only a .3 percent rise and in 2016, there was no change at all. Although this increase is good… Read More »
When we are young, we tend to think that we are invincible. As we age, we find out that taking care of ourselves is more important than ever. Normal aging affects our bones, joints and heart. For this reason, preventative care is key to avoid aging that could be harmful to your health. If you… Read More »
Couples in their 60s may be found discussing upcoming vacations, their children and potential home improvements. However, there is one vital subject that is often ignored: their future retirement. Failing to discuss important details of retirement such as, where and when you’ll both retire can cause serious financial and marital problems. In a 2015 fidelity… Read More »
Social Security is a retirement benefit for individuals who are working and contributing to the social security system. However, it also has a benefit for disabled workers and disabled individuals. Supplemental Security Disability Social Security Disability (SSD) is a plan that functions under the Social Security umbrella. If you’ve contributed to the Social Security system,… Read More »
Although Medicare and Medicaid are both federally funded health insurance programs, they have different eligibility requirements and the benefits differ. Who is eligible for Medicare? Who is eligible for Medicaid?
This update provides new Medicare figures for 2017. This is the first of a four-part series of updates for 2017. Medicare Part A: Hospital Services Inpatient hospital deductible $1,316/illness Daily co-insurance $0/day 1-60 $329/day 61-90 $658/day 91-150 Skilled Nursing Facility (SNF) Daily co-insurance amount $0/day 1 – 20 $164.50/day 21 – 100 Part A Premiums… Read More »
If you are an agent under a healthcare proxy for a loved one, you may be faced with some difficult questions and issues from time-to-time.
As the fourth anniversary of Hurricane Sandy approaches, it is important to remember the loss of life and brutal destruction that was left in the wake of its path—in order to be more prepared for the future. Before the next devastating storm hits our shores, it is crucial to make sure we are ready to… Read More »
Our practice produces many important documents for elderly clients. Clients may forget where these documents are located within their home, lose track of the documents’ location over the course of a move, or may pass on without sharing the actual documents (or their location) with their children, executor, or guardian. There are a few smartphone… Read More »
Russo Law Group, P.C. is pleased to share this article on behalf of guest author Don Poole. It is becoming more competitive to get access to the best long-term care providers, as 10,000 Baby Boomers turn age 65 every day. Statistics show that 70% or more of people over the age of 65 will require long-term… Read More »
When speaking with clients about the complicated Medicaid rules, availability, and exceptions, they often reply something like, “Wow, there’s so much to know.” Clients come to us because we know the rules, and more importantly, we know the exceptions.
Caring for a loved one at the end of his or her life is both a duty and a privilege. Hospice is a type of care for individuals who have 6 months or less to live. Instead of trying to cure the illness, pain management & symptom relief become the focus of the patient’s medical… Read More »
The federal government recently addressed a very expensive glitch in the systematic treatment of patients in hospitals throughout the country, which mandates that hospitals provide notice as to a patient’s observation status. As we discussed in our blog post on May 31, 2013, “Status Does Matter: Observation v. Admission”, there is a big problem that… Read More »