Defining “Family”
What are the rules for a physician who sees a member of her own family? I know immediate family members cannot be charged, but what does “immediate family” consist of?
Question: What are the rules for a physician who sees a member of her own family? I know immediate family members cannot be charged, but what does "immediate family" consist of?
Answer: According to the Medicare Carriers Manual, Section 2332, Medicare will not pay for services provided by immediate family members of Medicare beneficiaries. That exclusion applies even if your nurse or technician provides the service "incident to."
Medicare defines an immediate relative as your:
- Spouse;
- Natural or adoptive parent, child, or sibling;
- Stepparent, stepchild, stepbrother, or stepsister;
- Father-in-law, mother-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law;
- Grandparent or grandchild; and
- Spouse of your grandparent or grandchild.
Asset Protection and Financial Planning
December 6th 2021Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more.
