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The Medicaid penalty period, and possible ‘undue hardship’

The Medicaid penalty period, and possible ‘undue hardship’

If you are planning to apply for Medicaid, you might not realize that you should think twice before transferring any of your assets. If you transfer assets within five years of applying for Medicaid, you could in fact face a penalty period. During this time, you would...
Study: Ohio ranks well for protections against elder abuse

Study: Ohio ranks well for protections against elder abuse

The United States Census Bureau predicts that the nation’s population of older adults nationwide will have doubled from 49.2 million in 2016 to 94.7 million in 2060. As the population grows as well as ages, elder abuse remains a significant concern. According to...
Medicaid spend down: Pay for more than just medical bills

Medicaid spend down: Pay for more than just medical bills

Since the 1960s, Medicaid has provided health care coverage for low-income people across the United States. For millions of seniors, Medicaid offers financial assistance, helping them to cover the cost of long-term care services. Today, this joint federal-state...
March 2024 newsletter tackles ‘spend down,’ caregiver resources

March 2024 newsletter tackles ‘spend down,’ caregiver resources

Earlier today, we sent out the March 2024 e-newsletter from R. F. Meyer & Associates. If you did not receive it by email, please see the link below to find it in PDF version on our website. Our articles this month tackle three important subjects. The March 2024...
Most workers plan to file early for Social Security

Most workers plan to file early for Social Security

To secure the maximum amount in monthly Social Security retirement benefits, Americans must wait until full retirement age to start receiving their payouts. Results from a 2023 survey show that most of today’s workers know about this stipulation – and yet the vast...