The COVID-19 pandemic has been particularly devastating for nursing homes and their residents. Aside from the tragically disproportionate loss of life, care for surviving residents has been delayed or interrupted due to infection, facility lockdowns or other health...
The Social Security Administration has announced a 1.3 percent increase in benefits in 2021, an increase even smaller than last year’s. Cost-of-living increases are tied to the consumer price index, and a modest upturn in inflation rates and gas prices means Social...
New York was the only state that didn’t have a look-back period for Medicaid home care, but, as we’ve discussed in previous newsletters, that is now changing. New York Medicaid applicants will no longer be eligible for home care if they gave away assets within...
Once you’ve created an estate plan, it is important to keep it up to date. You will need to revisit your plan after certain key life events, including marriage, the birth of children, divorce or the death of a spouse, and a significant increase or decrease in...
If you plan to move states, can you take your Medicare or Medicaid plans with you? The answer depends on whether you have original Medicare, Medicare Advantage, or Medicaid. Medicare If you have original Medicare (Plans A and B), you can move anywhere in the country...
As we mentioned in the May edition of our newsletter, in April 2020, the NY State 2020 Budget Bill instituted a two-and-a-half-year look-back period for eligibility for New York Community Medicaid – i.e., the program which covers long-term home care services. Although...
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