| Read Time: 3 minutes | Medicaid

Pooled Trusts for Medicaid in New York

Understanding Medicaid and how to protect your assets can be challenging, especially when considering the different options available. One such option in New York is the pooled trust for Medicaid, which can help individuals retain their eligibility for Medicaid while preserving their assets. This informational piece will guide you through the basics of Medicaid pooled trusts in New York,...

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| Read Time: 5 minutes | Medicaid

The Upcoming 30-Month Medicaid Lookback for Community-Based Long-Term Care

Starting March 31, 2024, New York State will join California in imposing a 30-month Medicaid lookback for community-based long-term care (CBLTC) services. When you apply for Medicaid to cover these services, the state will review your financial records for the past 30 months to see if you qualify. This significant change will impact many New Yorkers, so it’s important...

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| Read Time: 4 minutes | Medicaid

Does Medicaid Cover Dental in New York?

Medicaid covers dental services in New York, including routine exams, cleanings, fillings, extractions, and dentures. Coverage details can vary, so it’s important to check specific plan benefits and provider availability. The Medicaid program in each state can choose to include dental care coverage for its adult Medicaid recipients. Medicaid dental coverage in New York includes emergency and routine dental...

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| Read Time: 4 minutes | Medicaid

What Is the Difference Between Medicare and Medicaid in New York?

One aspect of growing older and moving through retirement is determining how you will pay for healthcare. While you are working, you likely have health insurance from your employer. Once you reach 65 and retire, you may apply for Medicare and Medicaid. These government-run programs can help you afford healthcare as you age. The services covered by these two...

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| Read Time: 4 minutes | Medicaid

Important Update on New York State’s New 30-Month Medicaid Lookback Law

Many New York seniors rely on Medicaid to fund their long-term care. Medicaid will cover nursing home care for those 65 and older who meet the financial eligibility criteria. It also pays for assisted living facilities, home health, and non-medical services that allow seniors to remain in their homes.  These Medicaid services are available only to those residents with...

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| Read Time: 4 minutes | Medicaid

Can I Pass the Income Assessment of a New York Medicaid?

Medicaid is the single largest source of health coverage in the United States. About 80 million Americans are currently enrolled in Medicaid. If you are considering applying for Medicaid, you may be wondering, Can I pass the income assessment of a New York Medicaid? In this blog, we discuss the requirements for the income assessment for Medicaid in New...

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| Read Time: 4 minutes | Medicaid

How Can Medicare and Medicaid Help With Costs?

As of September 2021, 3,703,618 New Yorkers were enrolled in Medicare, and 7,213,006 had Medicaid. While you’ve probably heard of both Medicare and Medicaid, they are two different programs that help you pay for healthcare. Each program provides different benefits and has different costs. Your attorney can help explain the advantages and disadvantages of each program based on your...

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| Read Time: 6 minutes | Medicaid

Who Will Be Responsible For A Medical Debt After Death?

Before a loved one passes, they may spend some time in the hospital. Hospital bills and treatment expenses can add up quickly, especially with a progressive illness like cancer that requires expensive care. Debt collectors may start calling you at all hours, even while experiencing bereavement. Rest assured that the law is in your favor. In most cases, spouses...

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| Read Time: 4 minutes | Medicaid

What Are the Countable and Non-Countable Assets for Medicaid?

It’s a common misconception that anyone with assets isn’t eligible for Medicaid. In reality, 14% of all nursing home Medicaid applicants in 2012 had assets totaling over $100,000. New York requires those over 65 to report their income and assets (or “resources”) when applying for Medicaid. However, only some resources count toward the limit, and it only takes a...

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| Read Time: 4 minutes | Medicaid

Medicaid: How Can I Get a Housing Allowance After Being Discharged from a Nursing Home?

Receiving healthcare through a Medicaid-funded program can make a huge difference in your well-being, but qualifying for assistance can leave you with questions about how to pay for your other needs. Housing is one of those needs. As New Yorkers know, figuring out how to pay for housing in this great state can be a constant concern, especially on...

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| Read Time: 4 minutes | Medicaid

Understanding the Major Change of Medicaid Eligibility and Lookback in NY State

Last month, New York finally adopted regulations implementing budget cuts from the state’s 2020 budget. Several of these regulations imposed a major change in Medicaid eligibility. These regulations also introduced a “lookback” period into New York’s state’s Medicaid program. While many agree that reforms to New York state’s regulations were necessary, the reception to the new rules is mixed....

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| Read Time: 4 minutes | Elder Law

How Do I Know If an Elderly Loved One Needs a Nursing Home?

One of the most challenging questions family members will find themselves asking as their loved one ages is whether or not to place that loved one in a nursing home. Every situation is unique, and there is no one-size-fits-all answer to this question. Instead, you must consider all of the factors and then decide if nursing home care is...

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| Read Time: 4 minutes | Medicaid

How Changes to New York’s Medicaid Limit Access to Home Care Services

The latest budget changes in New York have created numerous changes to the state’s Medicaid program, but none are more impactful than those to home care services. The current system will make access to much-needed care limited and require you to jump through more hoops than previous systems to receive such care. If you are already receiving home care...

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| Read Time: 4 minutes | Medicaid

How Do I Start Planning for New York Medicaid Today?

You might not need community-based care, and you may not even be close to retirement, but regardless of where you are in your life, now is the ideal time to start planning for Medicaid. For the past two months, we have gone over the significant changes to Medicaid’s lookback period – specifically involving those who need community-based care. Today,...

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| Read Time: 4 minutes | Medicaid

Qualification Tips for Those Seeking Medicaid in New York for 2020

Big changes to Medicaid could impact who qualifies for this form of government insurance, especially for those seeking community-based care. Last month we discussed the critical changes, and now this month, we focus on what you can do to qualify for Medicaid in 2020 and beyond. The biggest changes affect those seeking long-term care in the community. While you...

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| Read Time: 5 minutes | Medicaid

Exploring the Changes to Medicaid in New York: Part 1 (Changes to Look Back Periods)

New York is barely reopening, and already those looking into Medicaid are going to find that the rules have changed rather significantly. At Andrew M. Lamkin, P.C., we want you to be prepared for these changes, understand how they impact you and your loved ones, and help you understand if you qualify. In this three-part series, we will go...

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| Read Time: 4 minutes | Medicaid

Are Assets in a Trust Protected from Medicaid?

Medicaid has strict qualification requirements, which means you need to plan ahead and protect yourself from losing out on this healthcare option. You can protect assets from Medicaid in a trust, but only if you select the right type of trust. What Is a Medicaid Trust and How Does It Protect Your Assets? A Medicaid trust is an irrevocable...

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| Read Time: 4 minutes | Medicaid

Do You Need a Lawyer to Apply for Medicaid?

Most seniors and their loved ones apply for Medicaid themselves rather than use an attorney. While you don’t need an attorney to file your application, doing so provides you and your loved ones with numerous benefits. One of the biggest reasons seniors do not use attorneys is not because they don’t need one, but because they are afraid of...

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| Read Time: 4 minutes | Medicaid

What Is Medicare Planning?

You plan for retirement, you plan for significant expenses, but what about Medicare planning? Most individuals under the age of 65 do not think of Medicare until it is too late. Ideally, you want to start planning for Medicare benefits long before you need them. Doing so can ensure you are not only approved but have access to the...

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| Read Time: 5 minutes | Medicaid

What Assets Disqualify You for Medicaid?

Assets that can disqualify you from Medicaid include significant savings, investment accounts, additional properties besides your primary residence, expensive vehicles, and certain valuable personal property. Medicaid typically requires applicants to have limited financial resources, so substantial liquid assets or multiple real estate holdings may render you ineligible. Understanding which assets are countable and exempt can help you better plan...

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