Patient Education Prediabetes Weight LossAccording to TSCL's 2017 Senior Survey, 8% of survey respondents said that their benefits have been withheld by Social Security due to excess earnings. Unless you have a terminal illness and are not expected to live very long, we strongly recommend that you consider delaying the start of your Social Security benefit until you are 66 or older when you will be eligible for the full, unreduced amount. To get the maximum, consider working until age 70 if you can. Your benefit will grow by 8% per year if you do..Medicaid currently covers about 60 percent of people in nursing homes. But to qualify, seniors in long-term care are required to "spend down" their life savings to the last ,000 and ,000 before Medicaid covers the bill. That won't apply to people younger than 65 under the new rules. Financial eligibility is based on modified adjusted gross income. Medicaid will no longer count how much applicants have in assets like savings and investments for this group of applicants as long as they aren't in long-term care. While that's likely to help more low-income seniors under 65 qualify for Medicaid, TSCL is concerned that it also opens the program to greater potential for gaming the system and fraud..However, waiting until your full retirement age qualifies you to receive 100% of the amount your ex-spouse received when he died. The amount you receive is based on your ex-spouse's basic benefit and depends on the age at which you file a claim. If you file for a survivor's benefit prior to your full retirement age, the amount of the survivors benefit you receive would be reduced, but your own retirement benefit would be delayed and continue to grow to its maximum until you reach age 70. You could switch if it is higher than your survivors benefits. … Continued
Medicaid Slide Access To Care By Health Insurance Status 2011This is a problem that affects retirees enrolled in Medicare Advantage plans much more so than those who have Medigap supplemental coverage which allows enrollees to see any provider that accepts Medicare. To reduce the costs of care, and to keep premiums low for consumers, Medicare Advantage plans contract with doctors and hospitals to create networks. Cost is a predominant concern and, in the process, plans create networks that exclude higher cost providers..TSCL enthusiastically supports the Social Security Fraud Prevention Act, and we look forward to working with Congressman Valadao to build support for it in the months ahead..The Notch that. … Continued