If you believe that you will need to qualify for Medicaid in the future, something you may be interested in learning about is the extended lookback period. The extended law for Medicaid’s lookback period has been pushed to January 1, 2022, instead of the previous...
Medicaid
How New York’s Medicaid estate recovery program works
Medicaid is a needs-based program that helps people pay for necessary medical care that they can't pay for themselves or that Medicare won't cover. Generally, if someone can qualify for Medicaid insurance, they have low income levels and minimal personal assets....
Medicaid planning to cover long-term care for New York seniors
Long-term care services for senior citizens across the nation may range from costly to extremely costly. According to the New York State Department of Financial Services, long-term care in the Brooklyn region costs between about $124,000 to nearly $143,000 annually....
Helping your parents protect their legacy in their golden years
Whether you were the first generation of your family to achieve financial independence or built on your parents' success, your current circumstances are likely to be reflective of your work and that which your ancestors made during their lives. In the case of your...
Watch our latest webinar to learn about long-term care planning, Medicaid and private insurance
Helping and protecting our aging parents is a goal shared by most of us who live in New York. After all, your parents supported you emotionally and financially in your quest to achieve success as an adult. You want to ensure that your elders’ final years are safe and...
5 things you should know about Medicaid applications
Medicaid can be a very helpful program to cover the costs of emergency treatment and other necessary types of medical care. With the high expenses in the United States, government programs allow seniors access to the healthcare they need -- as long as they qualify....
Event: What to Know About 2021 Medicaid Changes
New York Medicaid laws have seen many changes over the last year. Our very own Tracy Connors is hosting a free Zoom webinar to discuss the changes we can expect over the next year. These changes can have a significant impact on someone seeking long-term care. We will...
Medicaid releases new regional rates
Medicaid is a government program (funded by monies combined from federal, state, and local governments) that provides health care coverage for low-income individuals suffering from any number of medical conditions. Long-term care can be prohibitively expensive for...
New York is changing the Medicaid lookback rule
People getting close to retirement age, those recently diagnosed with a serious medical condition and also those who have just started estate planning may need to think about long-term care. Most people do not have insurance that will cover long-term care expenses...
Establish your long-term care plan now to protect your future
As you age, one of the most important things for you to do is to establish a long-term care plan. A long-term care plan will give more information on how you want your care managed as you get older and need more assistance in your life. Many people assume that...
