2020 Elder Law Numbers

2020 Medicare Numbers The Centers for Medicare and Medicaid Services (CMS) has released the new Medicare premiums, deductibles, and co-payments for 2020: Basic Part B premium:...............................................$144.60/month (was $135.50 in 2019) Part B deductible:...................................................... $198  ($185.00 in 2019)Part A deductible:......................................................$1,408 (was $1,364 in 2019)Co-payment for hospital stay days 61-90:................. $352/day (was $341 in 2019)Co-payment for hospital stay days 91-150:................ $704/day (was $682 in 2019)  All costs for each day beyond 150 daysSkilled nursing facility co-payment, days 21-100:.... $176/day (was $170.50 in 2019)   Also, note that individuals with annual incomes over $87,000 and married couples with annual incomes over $174,000 will pay [...]

2024-03-08T12:41:30-05:00January 8, 2020|

Comparison of New Jersey and Pennsylvania Medicaid Eligibility Rules

Our elder and disability law office has offices in both New Jersey and Pennsylvania.  Therefore, it is common for a family to consult with our office that has a parent residing in Pennsylvania, and a child in New Jersey, or vice versa.  In many of these cases, the family is inquiring about what state they should look to for the potential placement of their loved one in a long-term care setting.  Our job is to analyze their assets, income, medical needs, and the family’s goals to recommend whether New Jersey or Pennsylvania is the better long-term care setting.  Below we [...]

2024-03-08T12:43:35-05:00May 10, 2015|

What Do The Letters After A Social Security Or Medicare Number Mean?

This situation has occurred many times over the years: a client gives me a copy of a letter from the Social Security Administration (SSA) which contains a Social Security Number (SSN) followed by the letters “A”, “B”, “E” or other letters, and then asks me to explain what type of benefit is indicated by the letter following the SSN. As this seems to be a common question, I thought that a blog post on the subject might be appropriate. So, what do the letters after a social security or Medicare number mean? FYI, the letters that come after a SSN [...]

2024-05-20T16:36:06-04:00July 10, 2010|
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