Since the beginning of the contemporary era, the medical industry has been an important aspect of the world we live in. The medical industry does the obvious, it takes care of the citizens of the United States of America. The medical industry treats all illnesses, harmless or fatal, and takes care of emergency situations that most people only see in movies. On a daily basis, most people interact with the medical industry and do not think anything of it.
With this mind, understand that there are now lawyers that work specifically within the medical industry protecting either hospitals or patients. These lawyers include a business attorney, elder law attorney, a Medicaid lawyer, and a will lawyer. Here are some tips to help you with all of these different types of lawyers.
The cost of your insurance will vary by the property and the level of protection you wish to purchase, but it typically costs around 0.5% of the home?s purchase price. Out of all Americans between the ages of 55 and 64, about 51% of them do not have wills. In general, about 64% of all Americans are not without a will out of the entire public. If you find out you are in dire health with your Medicaid lawyer, you can get a will lawyer to help you with crafting a will.
If you have assets in the six figures or higher, you probably ought to have at rust in addition to a will to help minimize estate taxes and avoid probate. As of 2015 you can now leave fits to other people upon your death, also called bequests, that is up to $5.43 million free of any federal estate tax. That is the estate-tax exemption. Unless your estate is valued at more than $5.43 million — or $10.86 million for a married couple — you?re exempt from federal estate taxes.
Now you may now need a Medicaid lawyer for this type of information, however, but if you are old and sick you will have probably already consulted with a Medicaid lawyer. If you are someone from Alabama then you have probably worked closely with a Medicaid lawyer before for a number of reasons.
Out of all of the children in Alabama, 47% or 563,000 children are enrolled in Medicaid. As of January 2014, in Alabama, Medicaid eligibility for non-disabled adults is limited to parents with incomes below 16% of poverty or about $3,800 a year for a family of four. The majority of uninsured Alabamians eligible for Medicaid are children who are eligible but not yet enrolled.
Out of all of the adults in Alabama enrolled in Medicaid, about 52% are women. Medicaid covers a lot of the maternity care in Alabama as well, covering about 46% of all births in Alabama. The Alabama House of Representatives approved a plan to cut state funding to the Medicaid Agency by $156 million next year (2016). Medicaid serves just over 1 million of Alabama’s almost 5 million people.
In conclusion, you will find yourself working with a Medicaid lawyer whenever you deal with healthcare and Medicaid. As mentioned in this article, there are places like Alabama where Medicaid is essential to the quality of healthcare that people receive.
