Page 26 THE EVERETT ADVOCATE – Friday, December 6, 2019 YOUR FINANCIAL FOCUS | FROM PAGE 23 mation on February 25, 2020 without filing for an appeal, a new application is deemed to exist and MassHealth will only pay retroactive benefits back to November 1, 2019. There would be two months of care that the family would have to private pay for. Also, the treatment of previously-paid medical expenses can be affected by the timing of the MassHealth application. Medical expenses that are less than 90 days in the past are allowed as part of the spenddown process whenever they are paid, but if those IS YOUR HOME NEXT? The Revere Real Estate Listings are brought to you by: expenses precede the MassHealth application by more than 90 days, then a different rule may apply. Filing for an appeal preserves the original application date. Of course, the appeal has to be successful. An appeal can always be withdrawn by calling the Board of Appeals if the application is subsequently approved prior to the hearing date. The key is to not miss the appeal deadline. The Board of Hearings won’t give the applicant any slack. However, good old MassHealth can take as long as it wants to conduct the hearing itself, although federal guidelines dictate that MassHealth make a decision on the appeal within 45 days of the filing of the appeal. I had a case recently where we waited over one year for the hearing date. Fortunately, we were successful on the appeal. The nursing home had to wait over a year to get paid by MassHealth. And that’s just for one resident. That could be a good $100,000 of needed cash flow to support its operations. 53 Jackson Street Saugus, MA 01906 781-813-3325 REAL ESTATE TRANSAC TIONS Copyrighted material previously published in Banker & Tradesman/The Commercial Record, a weekly trade newspaper. It is reprinted with permission from the publisher, The Warren Group. For a searchable database of real estate transactions and property information visit: www.thewarrengroup.com. BUYER1 BUYER2 Germain, Micheline Dejesus, Marcio Alcime-Gabriel, Rose L May, Jared Gomes-Rangel, Wilton Schumacher, Ryan Dajci, Tony Jean-Baptiste, Georges Gabriel, Elie Scott, Kathleen M SELLER1 Foley Frederick T 137 Chelsea Street RT F&J Paghera FT Murray, Edward W Paci, Salvatore Imstar LLC Winer, Carolyn F SELLER2 Martinage, Kristen A TJ LLC Tr Paghera, Francis J Paci, Kim M ADDRESS 72 Highland Ave 137 Chelsea St 120 Estes St 42 Vernal St 810 Broadway 15 Gladstone St 148 Chestnut St CITY DATE Everett Everett Everett Everett Everett Everett Everett PRICE 15.11.2019 15.11.2019 15.11.2019 14.11.2019 13.11.2019 13.11.2019 13.11.2019 $425 000,00 $900 000,00 $547 000,00 $525 000,00 $950 000,00 $872 000,00 $460 000,00
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