Medicare eligibility is an important part of your Estate Plan. Medicare is the federal government’s principal health insurance program for people 65 years of age and over. It also covers those who are permanently disabled and those with end-stage renal disease.
Medicare is an entitlement program; you pay for benefits with your tax dollars and you do not need to be impoverished before you can participate. Because Medicare does not pay for all medical costs, many people supplement Medicare with private insurance policies.
Medicare Part A generally covers institutional services provided by hospitals, nursing homes, home health agencies and hospices. Part B generally covers doctors’ services, outpatient services, and medical supplies and equipment. Part C offers a wide array of coverage options than are available under a Medicare HMO. Part D, the newest addition to the program, provides some prescription drug benefits.
While the federal government makes the rules about Medicare, it contracts with private insurance companies to administer and operate the program. These companies pay more than one billion claims each year. If your claim is denied, we can help you appeal. If your appeal is denied, our litigators can help you protect your rights in Court.
Through our Protocols affiliate, we advise clients on the subject of medical settlements – particularly the incorporation of public benefits into settlement strategies. Medicare set-aside trusts and Medicare set-aide custodial agreements, for example, satisfy the Medicare Secondary Payer statute in a way that protects both claimants and insurers.
We work closely with you and your family, public and private benefits providers, employers, business partners, professional services providers, fiduciaries and charitable organization to make sure that your Medicare eligibility – as an important component of your Estate Plan – meets your unique personal and financial objectives.
Attorneys
Copyright © Sagrillo Kohnlein, LLC. All rights reserved. Disclaimer - click here