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Payments made for long-term care, including reimbursement and per-diem payments, and their tax implications.
The recognizes six standard (ADLs) — eating, toileting, transferring, bathing, dressing, and continence — and treats a person as “” when a licensed health-care practitioner certifies that the person c...
Form 1099‑LTC is an information return insurers send to both taxpayers and the IRS that flags long‑term care (LTC) and accelerated death benefit payments; those amounts are generally reconciled on For...
A care-plan for a “chronically ill individual” must document that a licensed health care practitioner has certified the person as chronically ill, show that the care is primarily for maintenance or pe...
A physician’s certification that a patient is “chronically ill” for purposes must state that a licensed health care practitioner has certified—within the required timeframe—that the individual meets t...
Insurers commonly rely on medical evidence—attending physician statements, medical records, completed ADL checklists or functional assessments, and practitioner certificates—to substantiate that a cla...