How much are the 2024 Medicare benefit deductibles? Hospital deductible: $1,632, co-insurance (days 61-90): $408/day, and skilled nursing facility co-insurance (days 21-100): $204/day. How much are the 2024 NY Medicaid Institutional and Community/Home Care resource and income allowances? (Community / Home Care Benefits are in parenthesis): resource allowance $31,175, income allowance $50 ($1732), community spouse resource […]
New York Elder Law Attorneys Friedman & Ranzenhofer, PC have announced the release of their free 2024 NY Medicaid Guide which answers many frequently asked questions, such as: What are the 2024 asset and income levels that allow Medicaid eligibility? What are the 2024 Medicaid penalty regional rates throughout New York State? What resources are not counted […]
In the realm of estate planning, particularly in West Seneca, NY, individuals often grapple with the complexities of safeguarding their assets while ensuring they have access to essential healthcare services. One valuable tool in this pursuit is the Medicaid Trust, a legal instrument designed to protect assets while allowing individuals to qualify for Medicaid benefits. […]
Navigating the intricacies of healthcare options as a senior can be a daunting task, especially when considering the financial aspects. With the rising costs of healthcare services, many seniors find themselves in need of Medicaid assistance to ensure they can access the necessary medical care. For residents of Amherst, New York, understanding the nuances of […]
As we age, planning for long-term care becomes an essential part of ensuring a comfortable and secure future. Long-term care can encompass a wide range of services, from in-home assistance to nursing home care, and it can be a costly endeavor. Fortunately, Orchard Park Medicaid offers a valuable solution for those seeking financial assistance to […]
As individuals age, healthcare and long-term care expenses become increasingly important considerations. In Akron, NY, like in many other parts of the United States, seniors often find themselves grappling with the rising costs of medical services and support. Medicaid, a state and federally-funded program, offers a crucial safety net for seniors who require assistance in […]
Medicaid is a vital healthcare program that provides assistance to low-income individuals and families, ensuring they have access to necessary medical services and treatments. For Buffalo residents, Medicaid can be a lifeline, offering a pathway to quality healthcare services without the burden of high costs. In this comprehensive guide, we’ll explore the qualifications for Buffalo […]