Medicare & Medicaid Figures for 2009

by Ira M. Leff, Esq.


December 3, 2008

MEDICARE 2009

Hospital Insurance (Part A)

Deductible:
Copayments:
  Days 61-90
  Days 91-150


$1,068.00 per benefit period

$267.00 per day
$534.00 per reserve day



 

Medical Insurance (Part B)

Deductible:
Copayments:
Balance Limit:
Premium:¹



$135.00 per calendar year
20.00 percent
15.00 percent
$96.40 per month



 

Nursing Home (Part A) ²

Deductible:
Copayments:
  Days 01-20
  Days 21-100



$00.00

$00.00
$133.50 per day



 


Prescription Drugs (Part D)

Deductible:
Copayments:
  $250-$2,250
  $2,250-$5,100
  $5,100-and above


$250.00

25.00 percent
100.00 percent
$27.93 per month



 

¹For individuals with incomes under $85,001 or couples under $170,001.
²Coverage is contingent on a hospital stay of at least three full days within 30 days of admission to the nursing home. The nursing home must be a Medicare provider and the patient must be occupying a Medicare certified bed. And, the patient must be receiving skilled care on a daily basis.


MEDICAID 2009

I. Eligibility

A. Single
B. Married
Income

$2,022
$2,022
Resources

2,000
111,560



C. Exempt Resources: Principal Residence, IRAs, Vehicle,Personal Effects, Burial Plots, Burial Space Items, Burial Funds, Funeral Contracts and Life Insurance

II. Transfers

Months of Ineligibility=

$4,614.90
Amount Transferred

 



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