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Medicaid Eligibility for Seniors: Key Requirements and Tips for Qualifying

Elder Care Matters

Understand Medicaid eligibility for seniors, including income limits, asset rules, and strategies to qualify while protecting savings. The post Medicaid Eligibility for Seniors: Key Requirements and Tips for Qualifying appeared first on Elder Care Directory - ElderCareMatters.com.

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When Should You Start Planning for Medicaid Benefits?

Elder Care Matters

Those who have worked throughout their adult lives may not like the idea that they may eventually require Medicaid benefits. Some people even find the implication that they will eventually require Medicaid to be insulting. appeared first on Elder Care Directory - ElderCareMatters.com.

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MEDICAID ALERT: New Medicaid Community Care Look Back Rules Start October 1, 2022

Elder Care Matters

New Medicaid Look Back Rules If this sounds familiar, you’re right—recent years have seen many extensions of rules regarding Medicaid. But for New Yorkers, this most recent change to Medicaid Community Based Care is a result of a New York State’s 2022-2023 budget and not the pandemic.

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DOES THIS MEDICAID PLANNING STRATEGY MAKE SENSE?

Elder Care Matters

In a bid to qualify for Medicaid Benefits, some seniors may consider gifting large assets, such as their homes, to their children, friends or other family members. While doing this type of Medicaid Planning may seem like a shrewd strategy, such an action can have unintended consequences for both the giver and the recipient.

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MEDICAID AND PRESERVING YOUR FAMILY HOME

Elder Care Matters

Obtaining Medicaid and Preserving Your Family Home A home is often the primary asset that one wishes to preserve when engaging in long-term care planning. If you decide to transfer, the… The post MEDICAID AND PRESERVING YOUR FAMILY HOME appeared first on Elder Care Directory - ElderCareMatters.com.

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ADD MEDICAID PLANNING TO YOUR ESTATE PLAN

Elder Care Matters

Medicaid is the primary funding source for most Americans paying for long-term care, but it is intended for low-income individuals and families. Will you or a loved one need long-term care soon?

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Obtain the Medicaid Benefits You Need

Elder Care Matters

We Can Help You Obtain the Medicaid Benefits You Need. Though Medicaid is a program designed to make healthcare more accessible to families who would not be able to afford it otherwise, applying for the program can be complex.