article thumbnail

When Should You Start Planning for Medicaid Benefits?

Elder Care Matters

Those who have worked throughout their adult lives may not like the idea that they may eventually require Medicaid benefits. Some people even find the implication that they will eventually require Medicaid to be insulting. appeared first on Elder Care Directory - ElderCareMatters.com.

article thumbnail

MEDICAID ALERT: New Medicaid Community Care Look Back Rules Start October 1, 2022

Elder Care Matters

New Medicaid Look Back Rules If this sounds familiar, you’re right—recent years have seen many extensions of rules regarding Medicaid. But for New Yorkers, this most recent change to Medicaid Community Based Care is a result of a New York State’s 2022-2023 budget and not the pandemic.

Medicaid 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

DOES THIS MEDICAID PLANNING STRATEGY MAKE SENSE?

Elder Care Matters

In a bid to qualify for Medicaid Benefits, some seniors may consider gifting large assets, such as their homes, to their children, friends or other family members. While doing this type of Medicaid Planning may seem like a shrewd strategy, such an action can have unintended consequences for both the giver and the recipient.

article thumbnail

MEDICAID AND PRESERVING YOUR FAMILY HOME

Elder Care Matters

Obtaining Medicaid and Preserving Your Family Home A home is often the primary asset that one wishes to preserve when engaging in long-term care planning. If you decide to transfer, the… The post MEDICAID AND PRESERVING YOUR FAMILY HOME appeared first on Elder Care Directory - ElderCareMatters.com.

article thumbnail

ADD MEDICAID PLANNING TO YOUR ESTATE PLAN

Elder Care Matters

Medicaid is the primary funding source for most Americans paying for long-term care, but it is intended for low-income individuals and families. Will you or a loved one need long-term care soon?

article thumbnail

Obtain the Medicaid Benefits You Need

Elder Care Matters

We Can Help You Obtain the Medicaid Benefits You Need. Though Medicaid is a program designed to make healthcare more accessible to families who would not be able to afford it otherwise, applying for the program can be complex.

article thumbnail

Postpartum Medicaid Coverage Expanded in Many States

American Medical Compliance

Several states have recently approved the extension of postpartum Medicaid coverage beyond the usual two-month period. By providing extended Medicaid coverage, states are taking a proactive approach to safeguarding the well-being of mothers during this vulnerable period. More States OK Extended Postpartum Medicaid.