Every day, families of nursing home patients are told that Medicare coverage will be ending in a day or two, because the patient is no longer “improving.” Well, that has never been what the Medicare regulations say, but somehow, that has become the common practice across the country.
The good folks at the Medicare...
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More Fast Track Compassionate Care Allowances Added to Social Security Disability
If you are disabled according to Social Security Disability (SSDI) regulations, and if you have worked long enough to have contributed adequately to the Social Security system, then you are entited to SSDI, and after being on SSDI for two years, you are entitled to Medicare.
Getting qualified for SSDI can be a...
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Long-Term Care Insurance Tax Deductions
Thinking about long-term care insurance (LTCI)? Hesitant because it is expensive? Did you know that you might be able to deduct some of the premium on your taxes?
If you are an itemizer, then you can take deductions as follows (2013 figures):
Attained age in tax year
Limitation on premiums
Age 40 or...
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