Pooled Income Trusts: A Home Care Remedy
A Pooled Income Trust in New York can mean the difference between being able to stay at home or being forced into a nursing home for long term care.
Medicaid 2025 Update
Find out about changes to income and asset allowances, transfer rates for nursing home care, and community spouse allowances.
Common Misconceptions About Pooled Trusts
Pooled trusts are valuable tools for those in need of long-term care when their income exceeds Medicaid’s limits. They present a viable way to gain and maintain Medicaid eligibility for many seniors, people with disabilities, and others. But there are…
Financial and Planning Options for Parents of Children with Disabilities
If you are a parent, or if you are planning to become a parent or have another child, the scenario of having a child with a disability has probably crossed your mind. Disabilities can form before birth or after birth…
Could Medicaid Payback Rules Come to an End?
Amid recent reports from such prominent news outlets as The New York Times and Associated Press about the negative impact of Medicaid estate recovery on families, the idea of ending this practice altogether has resurfaced. What Is Medicaid? Medicaid is a public assistance…
What Does Medicaid Cover?
In the complex and frequently changing landscape of health care in the United States, Medicaid stands out as a vital program. Since 1965, it has provided essential coverage to millions individuals and families. Alongside Medicare, Medicaid serves as a lifeline…
Good News for Medicare Advantage, Medicaid Patients in 2026
Currently, if you need a medical procedure, you may have to hold off on treatment until you have received approval from your health insurance plan. In many cases, Medicare Advantage and other plans have been denying their patients certain services…
Medicaid Spend Down: Pay for More Than Just Medical Bills
Since the 1960s, Medicaid has provided health care coverage for low-income people across the United States. For millions of seniors, Medicaid offers financial assistance, helping them to cover the cost of long-term care services. Today, this joint federal-state program also benefits…
What Is the Difference Between Palliative and Hospice Care?
Palliative care and hospice care can provide comfort to seriously ill patients and patients who have received a prognosis of imminent death. Each type of care is intended to improve the quality of life among patients who receive it. Many…
Medicaid Planning with Exempt Transfers
The cost of nursing home care is staggering. With the average stay in a nursing home being 2.29 years, it is reported that as many as 80% of aging adults lack the financial resources to pay for that care. Seniors can lose all that they have in a crisis.