MassHealth Updates Community Spouse Allowances
Under regulations just released by MassHealth, but effective January 1, 2007, cost-of-living adjustments have been updated as follows:
- Maximum monthly spousal maintenance needs allowance increased from $2,488.50 to $2,541.00 (See Regulation 520.026)
- Maximum amount of assets that can be kept by institutionalized individual's spouse increased from $99,540.00 to $101,640.00 (See Regulation 520.016)
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Newsweek Explores Alzheimer's, Caregiving and Aging
Last week's insightful issue of Newsweek extensively explored various issues on Alzheimer's and aging for today's caregivers with articles covering the following topics. Click the links above to read last week's Newseek's articles. Click here to explore further coverage on-line.
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It is estimated that one person in every ten has "abandoned property."
In Massachusetts, financial assets that have been inactive for more than three years (or 15 years for traveler's checks) are declared "abandoned" and turned over to Commonwealth and held by the Abandoned Property Division of Massachusetts.
Although the State Treasury attempts to notify owners of abandoned property, it is not always successful. You can search the list yourself by c
licking here , or call 617-367-0400 or 1-800-647-2300.
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 ABC News Wants To Know About Your Family
ABC News wants to know about your family, friends & loved ones for a very special series, "Role Reversal: Your Aging Parents and You!"
Take this opportunity to share your caregiving stories--from the difficulties and challenges you face caring for your elderly loved ones--to ways you have managed to make it all work. Submit your own caregiving experience and ABC may choose to share your story.
Videos are due to ABC News by July 27th. Click here for more information on the series and how to submit your video.
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