COVID-19

Resources

Webinar

Registration

Blog

  • Contact Us
  • Follow Us:

Stotler Hayes

Providing Legal assistance to Health Care Providers

  • Who We Are
  • Practice Areas
  • Employment
  • Resources

COLA Benefits Will Rise By 5.6% In 2022: The Highest Increase In Nearly Four Decades

Oct 15 2021

As 2021 is nearing an end, we begin to prepare for 2022 and the changes it will bring as many pandemic-related provisions are set to expire.  We anticipate nursing homes residents will receive a flurry of notices related to changes to Medicaid and other benefit programs. It’s important to keep an eye on these, including specifically the Social Security Administration’s (SSA) 2022 Cost of Living Adjustment (COLA) adjustment notifications and resultant changes to Medicaid Patient Liability.

The SSA recently announced a much larger than usual annual Cost of Living Adjustment (COLA) increase to Social Security.  Effective January 2022, the 2022 COLA will increase benefits by 5.6%, the highest in nearly four decades.  Following the SSA adjustment, state Medicaid agencies should recalculate new Patient Liability amounts to reflect to the COLA.

These changes may result in increases to the Special Income Limit, causing the need for additional steps to ensure ongoing income eligibility. Keep an eye out for these Notices, award letters, and account statements and remember to double check new SSA benefit amounts to make any needed adjustments to Patient Liability payments and to any Qualified Income Trust account that may be impacted.

SHG will continue to monitor for changes as 2022 approaches and stands ready to assist with any potential issues.

If you need help navigating these adjustments, please contact SHG Client Relations Director Ashley Shudan by email at ashudan@stotlerhayes.com.

Written by Stotler Hayes · Categorized: General Updates

Stotler Hayes Group, LLC is a national, boutique law firm focused on optimizing recovery for health care providers through Medicaid, Medicare, private collections, training and education. Our attorneys are licensed in, and represent clients before, federal and state courts and agencies in a majority of states around the country.

In the handful of states where Stotler Hayes Group, LLC does not employ a full-time attorney, referrals are made to local counsel, many of whom we have developed close working relationships with over the years. In those cases, our firm works with local counsel throughout the pendency of the case.

Stotler Hayes Group, LLC,

Principal Office: Pawley’s Island, SC, Phone: 843-235-9871; Fax: 888-497-7390; email: info@stotlerhayes.com

This website is for informational purposes only. Please remember that every case is different. Any result we achieve for one client in one matter does not necessarily indicate similar results can be obtained for other clients.

The attorney responsible for the content of this website is Andrea Kirksey, Esq., Executive Director and General Counsel for Stotler Hayes Group, LLC, 297 Willbrook Boulevard,  Pawley’s Island, South Carolina.

She may be contacted at (843) 235-9871, ext. 1002 or at akirksey@stotlerhayes.com.

Home                           Contact Us                    Disclaimer

 

Website Designed by Southern Tide Media