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Category Archives for Medicaid and Asset Protection

A piece of paper that says medicaid eligibility.

Medicaid Home Care Changes on the Way

On or after November 8, 2021, new regulations governing Medicaid home care benefits, including Personal Care Services and Consumer Directed Personal Care Services, will go into effect. Significant changes to […]

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New York Medicaid Rates in 2020

Medicaid Rates in 2020

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Medicaid Regional Rates: The following figures represent the Department of Health’s assessment as to the average cost of nursing home care in each region. These figures are used to calculate […]

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5 Answers that Clear Up Medicare Annual Election Period Confusion

5 Answers that Clear Up Medicare Annual Election Period Confusion

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Published originally on BestCompany.com: Just when you started to think health insurance made sense, you became eligible for Medicare! Medicare has its own processes, rules, and enrollment periods that can be tricky […]

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An elderly woman enrolling for medicare on her laptop

5 Medicare Tips: Open Enrollment October 15 to December 7, 2019

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Medicare’s Open Enrollment Period runs from October 15 to December 7, 2019.5 tips to consider during this period:Read your Annual Notice of Change mailed to you every September informing you […]

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Maintaining Medicaid Eligibility After the Death of a Spouse

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It goes without saying that a spouse’s death is traumatic for the whole family. But for a surviving spouse who receives Medicaid benefits, it is even more stressful and harrowing […]

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Tax Planning vs. Medicaid Planning Avoid These Costly Mistakes

As you prepare to file your tax return this year, it’s a good time to re-visit the difference between the IRS rules and the Medicaid eligibility rules in order to […]

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An elder law attorney setting up a medicaid asset protection trust for a client

Trust Lending for Medicaid Asset Protection Trusts: Your Clients Do Have A Choice!

Guest blogger Frank Melia of Quontic Bank answers questions regarding trust borrowing options for clients who have transferred their property into a Medicaid Asset Protection Trust (M.A.P.T.). Why most Banks […]

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Medicaid Spotlight: What is Spousal Refusal?

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Federal law allows a spouse who requires long term care to transfer assets to the other spouse in order to receive Medicaid benefits immediately. Transfers between spouses are exempt, meaning […]

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Experts: It’s Never Too Early or Too Late to Plan for Your Golden Years

Far too many people wait much too long to make plans for their retirements, as well as all aspects of old age for that matter, with some never making such […]

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Medicaid Home Care Update – Guildnet Closing in January

Guildnet MLTC, FIDA and Medicaid Advantage Plus plans are closing as of January 1, 2019. Official notices are being sent to all Guildnet members in mid-October 2018. What You Need to Know ♦ […]

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