OREGON UPDATE 

 It is the goal of EAGLE PUBLISHING COMPANY to keep our publications fresh and up to date.  To do so we will print changes in the law and corrections to the book that come to our attention after the book has gone to print.  The following are updates to:
A Will is Not Enough in Oregon First Edition (Copyright 2003)

Update to: A Will Is Not Enough In Oregon  (Copyright 2003)

CHAPTER 9 MEDICARE 2004 UPDATE

The structure of Medicare has been changed giving people in some parts of the country, the option of staying with the Original Medicare Plan or choosing one of the Medicare + Choice Plans. Coverage differs depending on which plan is chosen. The publication Medicare and You explains coverage under the different options. You can download the publication from the Internet.
http://www.medicare.gov

The Original Medicare Plan is limited in long term care coverage. It does not pay for extended nursing care. Medicare pays for the first 20 days of skilled nursing care. You pay up to $105 per day for days 21 through 100. That means it can cost you up to $8,400 for the next 80 days. After 100 days, you are on your own.

The 2007 Medicare value for a stay in a skilled nursing facility for days 21 through 100 is $124 per day.

In 2008, those on the original Medicare plan will pay:

$128 per day for days 21-100 in a skilled nursing facility for each benefit period. This is $4 higher than the 2007 value.

CHAPTER 10: MEDICAID UPDATE
The 2008 values set by the federal government are as follows:
The maximum Community Spouse Resource Allowance in $104,400
The minimum Community Spouse Resource Allowance in $20,880
The Maximum Monthly Maintenance Needs Allowance in $2,610
The Minimum Monthly Maintenance Needs Allowance in $1,712
The average cost of nursing care $5,360.

Update to: A Will Is Not Enough In Oregon 2nd Edition           (Publication Date   2007)

In Oregon, only a man and a woman can enter into a marriage, however in May 2007, the Oregon legislature enacted laws giving Domestic Partners certain rights and responsibilities within the state. The Domestic Partnership Laws will not go into effect until January 1, 2008.

LONG TERM CARE INSURANCE FOR FEDERAL EMPLOYEES
The Long Term Care Security Act (Public Law 106-265) was passed by Congress to take effect in October 2002.  The law is designed to make long-term care insurance available to Federal employees, members of the uniformed services, and civilian and military retirees.  You can download a copy of the law from their Web site: 
OFFICE OF PERSONNEL MANAGEMENT
http://www.opm.gov/insure/ltc 

 

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