Follow
Share

The above article states "Medicare beneficiaries who do not qualify for Medicaid will have to pay a monthly long-term care premium as well as..." What is a Medicare LTC premium? I have never heard of it and a Google search reveals nothing about it

This question has been closed for answers. Ask a New Question.
To expand just a bit on your excellent catch, Joanne:

Seniors with limited income and assets who qualify for Medicaid do not have to pay a monthly premium for the long-term care services provided through the PACE program. However, Medicare beneficiaries who do not qualify for Medicaid will have to pay a monthly long-term care premium as well as a premium for Medicare Part D prescription drugs. There are no deductibles or copayments for products and services that are approved by the PACE health care team.
PACE services can also be paid for privately if a senior does not yet qualify for Medicare or Medicaid.
For a listing of PACE organizations nationwide, visit Medicare’s PACE plan search website.

And from Medicare:
https://www.cms.gov/Medicare-Medicaid-Coordination/Medicare-and-Medicaid-Coordination/Medicare-Medicaid-Coordination-Office/PACE/PACE
Helpful Answer (1)
Report

When I put in my search engine "Medicare beneficiaries who do not qualify for Medicaid will have to pay a monthly long-term care premium as well as..." it came up as an Aging Care article on PACE. Which seems to be "Programs of All-Inclusive Care for the Elderly (PACE) is a Medicare and Medicaid program that helps people meet their health care needs in the community instead of going to a nursing home or other care facility."

This program seems to be for the very poor. What I read is the income of a single person is $14,500 for a couple $17,500. The way I read it as the premium mentioned is when someone would have to pay for living in an AL or LTC. The article references Medicare.org for more info.

If you feel this may be something for you, then call your Office of Aging for a better explanation. Seems not all States provide this.
Helpful Answer (1)
Report

Long term health care is private insurance.  NO, you do not HAVE to buy it.  Some people do, some do not.  It is not part of Medicare.
Helpful Answer (0)
Report

What article are you referring to?
Helpful Answer (0)
Report

This question has been closed for answers. Ask a New Question.
Ask a Question
Subscribe to
Our Newsletter