As you get older, you naturally want to find as many ways to save money as possible. Healthcare is a particular area that puts a lot of financial pressure on New Yorkers as we age. And conditions like dementia, diabetes, heart disease and hypertension can strike...
The State of New York has proposed a 30-month transfer of assets look-back period for coverage of community-based long-term care (CBLTC) services. The Medicaid Redesign Team II recommended the statutory change adopted by the New York State Legislature to ensure that...
You’ve started to get a little concerned about your spouse’s cognitive abilities. You’ve noticed that they’re more forgetful than you think is normal, and their personality has changed. They’ve gotten more withdrawn and moody. Could this be the early signs of mental...
Effective January 1, 2023, New York State’s 2023 Fiscal budget is expanding the ability of New Yorkers who are 65+, blind, or disabled to qualify for Medicaid coverage by: raising the allowable amounts for Medicaid income eligibility level to 138% of the Federal...
The Biden administration on Friday extended the Covid-19 public health emergency for another three months. US Department of Health and Human Services Secretary Xavier Becerra officially renewed the declaration, extending it through October 13, 2022. Medicaid is not...
Most adults preparing for retirement don't want to depend on Medicaid for their care as they get older. Only those with limited income and assets will even qualify for New York Medicaid in the first place. You might expect Medicare to provide you with the support you...
Long-term care planning isn't something that most people think about until they need to get some type of care assistance. The issue with this is that the individual might not qualify for Medicaid care because of their assets. Medicaid is a program that is needs-based,...
A health care proxy is one of the most crucial documents you can have in your estate plan. It's one document that just about any adult, regardless of their age, is wise to have.It details your wishes for your medical care – particularly things like under what...
New York has included in the 2020 State budget Bill significant changes to New York's Medicaid rules for Community Medicaid (Home Case) benefits, making it harder for New Yorkers to obtain Medicaid benefits for long-term care. The changes to New York State's Medicaid...
You've been living in New York for years, and you're getting up in age. You want to make sure you can stay where you are and enjoy your retirement from the comfort of the home you've made there. Living in New York costs a fortune. If you have to go on Medicaid, you're...
