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Category Archives: Medicaid New York

Michael Steinberg Speaks with the Huffington Post about the Medicaid Application Process

Date - 1st Jan, 2018   |   Time - 2:26   |   Author - Senior-Planning

Our own Michael Steinberg was featured in a Huffington Post article earlier this month. He offers information and advice on the two eligibility categories related to Medicaid applications: clinical eligibility and financial eligibility. Clinical Eligibility Individuals over 21 can be deemed eligible for Medicaid services related to skilled nursing, rehabilitation, and long-term care. Clinical or […]

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Health Care Benefits in Skilled Nursing Facilities

Date - 20th Jul, 2017   |   Time - 5:55   |   Author - Senior-Planning

  The Ins and Outs of Coverage Provided for the Resident Is the time approaching when you or a loved will need to enter a nursing facility? How will you pay for it? The options are confusing and can be overwhelming. You are not alone. Thousands of people enter nursing care facilities every month with […]

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5 Ways to Save Money When Searching for Elder Care & Assisted Living

Date - 18th Jul, 2016   |   Time - 9:37   |   Author - Senior-Planning

Financing assisted living or elder care for a loved one presents quite a dilemma – how do you provide the best quality care and keep your finances secure at the same time? It’s a difficult consideration, but if you’re willing to do some research, there are ways in which you can save money while simultaneously […]

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New York Medicaid and Medicare Metrics 2016

Date - 20th Jan, 2016   |   Time - 10:09   |   Author - Senior-Planning

2016 New York Medicaid and Medicare Metrics Each state has its own unique Medicaid guidelines, and figuring out the exact numbers can be very confusing. However, there’s no need to worry about whether or not you’re going to be able to figure out New York’s specific standards. They’ve been clearly outlined for you below. Resource […]

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Medicaid Income and Asset Limit Metrics

Date - 8th Sep, 2015   |   Time - 7:38   |   Author - Senior-Planning

Medicaid is a joint federal and state funded health insurance that helps people who can’t afford to pay for their medical expenses. There are many rules and regulation governing Medicaid eligibility including income and asset limits, as well as personal and spousal allowance limits. In addition, the guidelines change annually based on inflation and other […]

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Medicaid Liens and Estate Recovery

Date - 10th Aug, 2015   |   Time - 7:31   |   Author - Senior-Planning

Medicaid liens may only be placed on the estates of a deceased Medicaid recipient whom at the time that they received the care was 55 or older or permanently institutionalized. The amount of the Medicaid lien corresponds to the amount of money Medicaid had paid for the care and needs of the deceased Medicaid recipient […]

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Is There A Difference Between Medicare And Medicaid?

Date - 18th Mar, 2015   |   Time - 7:23   |   Author - Senior-Planning

The answer is a resounding Yes. Medicare is health insurance that pays for doctor’s visits, hospitalizations, certain medical equipment and short term rehab. Medicare is available to individuals who are over the age of 65, and younger people who are disabled. Medicare also requires that the individual be a resident of the United States for […]

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Obtaining Title 19 Eligibility For A Client

Date - 17th Feb, 2015   |   Time - 4:47   |   Author - Senior-Planning

Rachel, a Senior Planning Services Case Worker’s experience in obtaining Title 19 Eligibility for a client. Medicaid does not allow gifting to family and friends within the five years prior to Medicaid eligibility. Yet, there are a few small exceptions, one which is very relevant to the following case study. Medicaid allows monies to be […]

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New York Medicaid 2015 Eligibility Guidelines .

Date - 26th Jan, 2015   |   Time - 3:34   |   Author - Senior-Planning

The following list reflects the New 2015 Guidelines for certain key metrics. New York Medicaid Key Metrics: Single Person Asset Limit for a Nursing Home: $14,850.00. Short Term Deduction Allowance: $845.00. Income Allowance for Community Spouse: $2,980.50. The Maximum Community Spouse Resource Allowance: $119,220.00. The Minimum Community Spouse Resource Allowance: $74,820.00. The Monthly Personal Needs […]

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The Basics – Life Estate

Date - 22nd Jan, 2015   |   Time - 5:11   |   Author - Senior-Planning

  What is a Life Estate? Purchasing a life estate means that you legally assign full ownership of your property to another person as the “remainderman” while you retain the rights to live and/or collect rental income from the property during your lifetime as a “life tenant.” A common scenario of a life estate is […]

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