Sentences with phrase «caps at other age»

Not exact matches

Among other findings, the report also revealed that while the total number of County residents on Medicaid has risen due to fuller implementation of the Affordable Care Act («ACA»), Erie County's portion of Medicaid costs is projected to drop by more than $ 6.4 million from 2013 due to the Act's implementation and the state's Medicaid cap, and is approximately $ 340,000 less than 2012; the biggest increase in Medicaid recipients was seen among whites age 18 - 64, while other demographics remained consistent; and that the number of persons on Medicaid continues to grow at an average rate of more than 4 % each year, a trend noted by the Medicaid Inspector General's office in his September 2013 report.

In addition, people up to age 95 can apply for a Banner Life term policy, which is nearly unheard of in the insurance industry (most other insurers cap applicants at age 65 or 75).

Here is what you need to know about Income Replacement Benefits (IRB's): • IRB's are calculated at 70 % of your average gross income based on your employment history o Your income is calculated as the higher of either (i) the 52 weeks before the accident OR (ii) the 4 weeks before the accident multiplied by 13 o Self - employed income is calculated as the higher of either (i) the 52 weeks before the accident OR (ii) the last fiscal year o If you are receiving other income replacement assistance, such as short term or long term disability benefits, those amounts are deductable from the amount of your IRB eligibility • IRB's are capped at $ 400 per week • The first 7 days of your disability are not covered by IRB's • IRB's are payable for a 104 week (2 year) period, but you may be eligible to continue receiving this benefit past the 2 years indefinitely, if after the 2 year mark you are unable to do any occupation for which you are reasonably suited by way of your education, training and experience • The age 65 marks changes in IRB's o If you are already over the age of 65, IRB's are payable up to 208 weeks and gradually reduced over that period o If you reach the age 65 while already receiving benefits, the IRB is converted to a lifetime pension at a reduced rate based on an established formula