December 2012 | Felinton Elder Law and Estate Planning Centers

Social Security Benefits to Edge Up 1.7 Percent in 2013

The nation’s elderly and disabled Social Security recipients will receive a 1.7 percent increase in payments in 2013. This is expected to raise the average monthly payment for the typical retired worker by $21.  The increase is less than half of last year’s 3.6 percent cost-of-living adjustment (COLA). In any case, the modest rise will be Read more about Social Security Benefits to Edge Up 1.7 Percent in 2013[…]

Medicare to End Standard for Coverage of Skilled Services

In a major change in Medicare policy, the Obama administration has provisionally agreed to end Medicare’s longstanding practice of requiring that beneficiaries with chronic conditions and disabilities show a likelihood of improvement in order to receive coverage of skilled care and therapy services. The policy shift will affect beneficiaries with conditions like multiple sclerosis, Alzheimer’s Read more about Medicare to End Standard for Coverage of Skilled Services[…]