Archive for the nursing home Category

Medicare Only Covers Rehab Nursing Home Care

Medicare Part A covers institutional care in hospitals, skilled nursing facilities, care given by home health agencies, and care provided in hospices. Any individual who has reached 65 years of age and is entitled to Social Security benefits is eligible for Medicare Part A without charge. This means that there […]

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Second Circuit Affirms That Income Stream from Annuity Is Not an Asset for Medicaid Purposes

Second Circuit Affirms That Income Stream from Annuity Is Not an Asset for Medicaid Purposes In an important case impacting the use of Annuities as a part of an Elder Law Plan, the the U.S. Court of Appeals for the Second Circuit upholds a district court ruling […]

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Annuity Purchased Post-Initial Eligibility Determination Is Not Available Resource

Annuity Purchased Post-Initial Eligibility Determination Is Not Available Resource Many elder law clients use annuities as a means to protect assets for a community based spouse when his or her is receiving long term care. An important decision was reached that may benefit planners and their elder […]

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