Back in December of 2016, we shared the wonderful news of President Obama signing the Special Needs Trust Fairness Act into law. When announced, New York State was out of compliance with this new federal law. On May 22, 2017,…
Although Medicare and Medicaid are both federally funded health insurance programs, they have different eligibility requirements and the benefits differ.
Who is eligible for Medicare? Who is eligible for Medicaid?
Many seniors and those with disabilities need Medicaid to cover home care costs, which allow them to remain in their own homes while receiving care. If the American Health Care Act becomes law, what impact will it have on seniors?…
As elder law attorneys, we meet with clients and help them create a plan for their future; many of these plans include planning for long-term care.
We discuss options for long-term care—such as long-term care insurance, private pay, and Medicaid. For most seniors, obtaining Medicaid to pay for nursing home care or care at home is a must. Very few people can afford to pay privately for extended long-term care, which is not covered by Medicare.
However, when it comes time to submit a Medicaid application, many seniors and their families choose to either submit it on their own or enlist non-lawyers to help with the application—often because they are afraid of the legal fees.
A pooled trust allows disabled individuals who are under age 65 to become financially eligible for public assistance, e.g. Medicaid, SSI, etc. This type of trust provides flexibility—allowing individuals to preserve their assets and monthly income necessary to pay for…
Russo Law Group, P.C. is pleased to share this article on behalf of guest author Jack Halpern. Jimmo v. Sebelius Settlement Agreement. For about 30 years, home health agencies and nursing homes that contract with Medicare have routinely terminated the Medicare…
Many times when I meet with clients to discuss Medicaid, their children come along with them. One of the most frequent questions I get asked by children is, "Well, mom put me on her checking account, so half of that is…
We often see clients with concerns about loved ones who receive government benefits such as Supplemental Security Income (SSI) and/or Medicaid. Since SSI and Medicaid have very strict rules as to how much money and how much income beneficiaries can…
Assisted living facilities can often be an excellent option for a person who is interested in residing in a place where he or she can receive supervision or assistance with Activities of Daily Living, and where the resident is monitored…
The power of attorney is a crucial estate planning document—it allows a third party to step in and make important financial decisions for you, if you are no longer able to make those decisions for yourself. Having a properly executed comprehensive durable power of attorney can preclude the need for guardianship when it comes to your financial affairs.