Tax Planning vs. Medicaid Planning: Avoid Costly Mistakes

Tax season is an important time to re-visit the difference between the IRS rules and the Medicaid eligibility rules – in order to avoid potential costly mistakes. For example, you may want to give a gift of $14,000 to your children and benefit from the IRS annual gift tax exemption.  However, if you need Medicaid … Continue reading Tax Planning vs. Medicaid Planning: Avoid Costly Mistakes

Medicaid Home Care: How Many Hours Will Be Approved?

Medicaid Home Care in New York is provided by Managed Long Term Care (MLTC) plans. MLTCs provide Medicaid home care and case management services to people who need long-term care in the community. The MLTC decides how many hours of care you or your loved one will receive and arranges for that care by a network … Continue reading Medicaid Home Care: How Many Hours Will Be Approved?

GDGC April 2017 News and Events

Do you have questions about Assisted Living and Home Care?   Representatives from Amber Court Assisted Living and Amber Court at Home are hosting free consultations at GDGC's Susan C. Snowe Caregiver Resource Center in April. Amber Court Assisted Living, a residential facility, and Amber Court at Home, a Certified Home Health Care Agency, provide customized care for your loved one, exactly … Continue reading GDGC April 2017 News and Events

GuildNet Discontinuing Managed Long Term Care Business on Long Island and Westchester Counties

GuildNet, a provider of Managed Long Term Care (MLTC), including home care and nursing home care under New York’s Medicaid program, gave notice to approximately 4,000 Medicaid recipients that they will no longer offer MLTC services in Nassau, Suffolk, and Westchester Counties. Medicaid recipients must choose another MLTC before May 18, 2017 to receive uninterrupted … Continue reading GuildNet Discontinuing Managed Long Term Care Business on Long Island and Westchester Counties

American Health Care Act: What Seniors and Their Loved Ones Need to Know

The Trump Administration released a proposed plan to replace the Affordable Care Act. If passed, Trump’s American Health Care Act (AHCA) will negatively impact older Americans as outlined below. Premiums and Tax Credits: AHCA provides tax credits based on age. People over age 60 will get a $4,000 tax credit. However, they will be charged more for coverage … Continue reading American Health Care Act: What Seniors and Their Loved Ones Need to Know

Retirement Assets and Medicaid Eligibility

In order to become eligible for Medicaid benefits for home health care or nursing home care, an individual must have less than the resource allowance amount as set by the State (currently $14,850 for 2017).  However, all assets are not treated the same. Retirement assets are in a category of their own. A qualified retirement … Continue reading Retirement Assets and Medicaid Eligibility

Legal Alert Managed Medicaid Provider GuildNet Not Accepting New Patients on Long Island

GuildNet, a Medicaid provider of long-term care, has announced that it will no longer accept new enrollees from Suffolk, Nassau and Westchester Counties. (Newsday) This may well be a portent of things to come. According to GuildNet, under Managed Medicaid, the reimbursement rate is too low to sustain care to patients and too low to pay health care … Continue reading Legal Alert Managed Medicaid Provider GuildNet Not Accepting New Patients on Long Island