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February 06, 2012
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Estate Planning News

 

 

The Administration on Aging Awards $9.4 Million for Senior Medicare Patrol Projects

 Assistant Secretary for Aging Josefina G. Carbonell today awarded $9.4 million to fund fifty-seven Senior Medicare Patrol (SMP) projects. These projects train retired professional volunteers to help their peers become better health care consumers.

Volunteers work to educate older Americans about the importance of reviewing their Medicare notices to identify billing errors as well as potentially fraudulent activity. Program volunteers also encourage seniors to make inquiries to the SMP project when such issues are identified, so that the project may ensure appropriate resolution or referral.

“Senior Medicare Patrol projects provide products and services to our seniors that promote understanding of Medicare and Medicaid program benefits,” said Assistant Secretary Carbonell. “Through this program beneficiaries increased their knowledge of the new prescription drug and other benefits that empowers them to make sound health care decisions.”

The SMP program plays a unique role in providing direct and widespread education to reduce erroneous and wasteful Medicare and Medicaid spending. The project plays an important role in helping elderly people protect both their own and Federal health care resources, which in turn help them remain independent in the community.

AoA provides these grants to states, territories, other jurisdictions and community-based non-profit organizations. Each project is designed to focus on providing program services to seniors who are homebound, rural, non–English speaking or otherwise underserved.

According to the most recent SMP Program performance report issued May 2, 2006, by the HHS Office of Inspector General, over 10,000 new volunteers were trained during 2005, who in turn educated over 483,000 beneficiaries through either group or one-on-one counseling sessions. As a result of this training, the SMP Projects resolved or referred almost 28,000 complaints regarding Medicare, Medicaid, and other health care issues. Since 1997, over $104 million in savings, including Medicare and Medicaid funds recovered, beneficiary and other savings have been attributed to the program as a result of documented complaints.  Read more at aoa.gov

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Did You Know?    
 
 
A Will, is sometimes called a "Last Will and Testament"
Used to transfer property you hold in your name to the person(s) and/or organization(s) you want to have it. A Will also typically names someone you select to be your Personal Representative (or "Executor") to carry out your instructions and names a Guardian if you have minor children. A Will only becomes effective upon your death, and after it is admitted to probate.

 


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Latest news about Financial & Estate Planning in Fresno and nationwide:

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HARRISBURG - Attorney General Tom Corbett today announced that a second civil lawsuit has been filed against the operators of a living trust sales ...
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Estate Planning Terms

 


Today's Terms

Trust

Definition:
A long recognized legal concept (first used in ancient Greece during the times of Socrates and Plato) in which some or all property of a Trust Creator is held on behalf of a beneficiary (which may include the trust creator) in the name of the Trustee.

Fiduciary

Definition:
A person in whom one places great confidence in and upon whom one relies for his or her integrity, trust, and good faith. A fiduciary has the legal duty to act in the best interest and benefit of another and therefore is held to the very highest legal standards. A trustee is a fiduciary.

Estate

Definition:
The total of all assets, all debts and other obligations of an individual. At the time of death the total amount of benefits (life insurance, annuity and retirement benefits) to be paid to beneficiaries are often also considered part of the estate for Federal Estate Tax purposes

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Estate Planning Hot Topics

 
Topics Related to Estate Planning:

  • Trusts
  • Wills
  • Uniform Probate Code
  • Gift Tax

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Fresno Estate-Planning Attorney

 
If you live in the following cities and need an Estate-Planning attorney you should contact our Estate-Planning Attorney as soon as possible:

  • Antioch
  • Bell
  • Hawthorne
  • Long Beach
  • Los Angeles
  • Norwalk
  • Oceanside
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  • Oceanside
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  • Lake Forest
  • Lancaster
  • Livermore
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  • Los Angeles
  • Lynwood
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  • Napa
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