Wednesday, May 22 2013 11:15 AM EDT2013-05-22 15:15:46 GMT
Information from Flowers Foods- Prior to the Flowers Foods (NYSE: FLO) annual shareholders meeting today, the company's board of directors declared a three-for-two split of the company's stock by meansMore >>
Flowers foods announces three-for-two stock split and increases annual dividend rate at shareholders meeting...More >>
Wednesday, May 22 2013 9:02 AM EDT2013-05-22 13:02:25 GMT
ATLANTA (AP) - Georgia Gov. Nathan Deal has said the state can't afford to expand its already-strained Medicaid program to include 650,000 more residents, but his administration is studying ways otherMore >>
Georgia Gov. Nathan Deal has said the state can't afford to expand its already-strained Medicaid program to include 650,000 more residents.More >>
Wednesday, May 22 2013 8:18 AM EDT2013-05-22 12:18:58 GMT
Dougherty County Police say tips called in by WALB News Ten viewers led them to charge a Baconton man for a hit and run over the weekend. Dougherty County Police issued arrest warrants Tuesday for 50More >>
Dougherty County Police say tips called in by WALB News Ten viewers led them to charge a Baconton man for a hit and run over the weekend.More >>
Wednesday, May 22 2013 7:18 AM EDT2013-05-22 11:18:53 GMT
Downtown Albany will be full of cyclists from all over the Southeast flying through the streets this weekend. The SB&T Bike Race will be held there to kick off the Southeast Regional Series moving throughMore >>
Downtown Albany will be full of cyclists from all over the Southeast flying through the streets this weekend. The SB&T Bike Race will kick off the Southeast Regional Series.More >>
Tuesday, May 21 2013 11:38 PM EDT2013-05-22 03:38:58 GMT
New details on construction of the new terminal at Southwest Georgia Regional Airport. Construction crews are working on the final touches. Right now, officials are looking at bids for food vendors. TheyMore >>
New details on construction of the new terminal at Southwest Georgia Regional Airport. Construction crews are working on the final touches.More >>
March 21, 2004
Albany -- As early as this summer, Georgia lawmakers plan to start enforcing a federal law that allows the state to recover Medicaid expenses from the estate of patients. The state could seize savings and even homes to pay back Medicaid.
Cherrine James took over the job of caring for her 102 year-old cousin ,Carrie Dyes, after her mother died. Dyes had been living alone until last year when a stroke forced her to move to an assisted living home.
"She has no kids, and we are the only family she has," says James.
Dyes, like 50 thousand other Georgians, has her nursing home expenses paid by Medicaid.
And like many of them she owns a home and has a small nest egg which puts her at risk under the "estate recovery" provision in Governor Perdue's budget plan. The plan will allow states to collect their Medicare expenses paid to older Georgians from their estates after they pass away.
"Because Medicaid is hurting and the cost are rising so fast, Congress has to do something to enforce it or cut it out all together," says Stewart Brown a lawyer who focuses on elder law.
Brown says estate collection practice has been federal law since 1993, but has never been enforced in Georgia. He says there are exceptions of when the state can recollect on it's payments.
The state must wait to collect until after the Medicaid recipient's spouse dies.
Also if there is a child under 21 who has been taking care of the patient for over 2 years the state can not seize property.
If there is a disabled child is living a home.
However adult children or relatives of patients are not protected.
The state can seize assets and put liens on property until all expenses are recovered. This is a practice that does not sit well with caregivers like James.
"Everything you have worked for in hopes that your child will have something when you are gone ends up going to the government," says James.
Brown says the only solution is to plan ahead through investments, build a saving and having long term insurance or legal Medicaid estate planning done. These are small steps that can ensure you have something to pass on in the future.
The state plans to recover more than 2 million dollars the first year the plan goes into affect. 48 other states already actively enforce federal Medicaid recovery laws.