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As in years past, the government continues to look for ways to restrict Medicaid eligibility and benefits. This year has been no different. There were proposals to further restrict Medicaid eligibility and coverage. As part of the governor’s annual budget, the New York State Senate and Assembly were presented with a plan to:
- Eliminate or reduce spousal refusal;
- Reduce the community spouse resource allowance; and
- Limit what services Medicaid would pay for.
Fortunately, both houses rejected these proposals. But this may not be the end of the story.
Indeed, Medicaid is seemingly under a similar attack every budget year. The rising costs of care, as well as individuals who require long-term care, lead to these proposals. It may be only a matter of time before one or more of these changes is actually approved and takes effect.
The time to act and plan is now! Take action before changes are made. If you have a plan, review it with us. Perhaps you only implemented a part of the plan or recommendations and should now revisit whether you should implement further planning.
If you do not have a plan, what are you waiting for? Contact us today to get started.
Russo Law Group, P.C.
100 Quentin Roosevelt Blvd., Suite 102
Garden City, NY 11530