Elder Law: Medicare and Medicaid Outlook in Texas for 2020

Medicare provides health and financial security to millions of older people. But did you know that it also helps younger people with disabilities? Medicaid offers benefits that Medicare normally doesn’t cover, such as nursing home care. At the Davidson Law Group, we strive to keep our clients educated and informed on all topics relating to elder law. Read today’s blog for an overview of Medicare and Medicaid in Texas for 2020.  

Spousal Impoverishment Update

The cost of nursing home care can be a heavy burden for elderly couples, especially if one spouse is still living at home (called a community spouse). Since 1988, Congress has authorized Medicaid provisions to prevent spousal impoverishment and protect some of the couple’s combined resources. Certain Medicaid resources and income standards are adjusted each January. 

The Centers for Medicare and Medicaid Services (CMS) provided a briefing on the 2020 Supplemental Security Income (SSI) and Spousal Impoverishment Standards. Visit www.medicaid.gov for more information.   

Medicare Overview in Texas – 2020

Medicare continues to offer high-quality healthcare services to seniors and people with disabilities. The CMS has made efforts to improve the Medicare Advantage and Part D prescription drug programs to lower the costs and give people more plan choices. CMS has also provided individuals with Medicare the opportunity to choose Medicare Advantage plans. These advantage plans provide new benefits that are made to meet people’s specific needs.   

According to www.medicarehelp.org, 4,130,528 beneficiaries in Texas are enrolled in Medicare. Here are some other highlights for 2020:

  • The average monthly Medicare Advantage premium dropped from $14.05 in 2019 to $13.03 in 2020.
  • All people with Medicare have admission to a Medicare Advantage plan.
  • $13.20 is the lowest monthly premium for a single Medicare prescription drug plan. 
  • There are 30 stand-alone Medicare prescription drug plans available.
  • All Medicare beneficiaries have access to a Medicare prescription drug plan.

Many Medicare Advantage Plans Are Available

In Texas, there are 231 medicare advantage plans available in many different counties. For more information, visit www.medicarehelp.org. If you’d like to see how your Medicare Part D Plan is changing in 2020, go to q1medicare.com

Related Post: Our Elder Law Attorneys Explain the 4 Parts of Medicare

Can You Have Medicare and Medicaid in Texas?

If you have a Medicare plan in Texas, you’re not automatically prohibited from receiving Medicaid benefits. Medicare covers a lot of health care services, but some beneficiaries need financial aid to complete their plan. The seniors in Texas who are eligible for Medicaid and already have Medicare plans are known as dual eligibles. Dual eligibles can qualify for the Medicare Savings Program (MSP), where they can use a Medicaid plan to cover their monthly premiums, copayments, and deductibles.

Related Post: Are You Eligible for Medicaid? 

Contact Us in Fort Worth, Allen, or Tyler

Lawyers Matthew Davidson and James Davidson are passionate about helping people in need of elder law assistance. We’re here to answer your questions, determine your Medicaid eligibility, and help you complete your Medicaid application. Contact the Davidson Law Group in Fort Worth, Allen, or Tyler.