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Griffin Law Offices | 59 Atlantic Ave. | Boothbay Harbor, ME 04538
(207) 633-6300
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Medicare Premiums to Increase By Almost $10 a Month in 2020
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After small or no increases the past couple of years, Medicare’s Part B premium will rise sharply in 2020. The basic monthly premium will increase $9.10, from $135.50 a month to $144.60.
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Medicaid's Treatment of the Home
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Nursing home residents do not automatically have to sell their homes in order to qualify for Medicaid, but that doesn't mean the house is completely protected.
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Home Care Costs Rise Sharply in Annual Long-Term Care Cost Survey
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When it comes to long-term care costs, the charges for home care are now rising faster than those for nursing home care, according to Genworth's 2019 Cost of Care survey.
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IRS Issues Long-Term Care Premium Deductibility Limits for 2020
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The Internal Revenue Service (IRS) has announced the amount taxpayers can deduct from their 2020 income as a result of buying long-term care insurance.
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