Prepare Your Practice for New York’s Draconian Medicaid Cuts

new york

But out of bad, can come good. This provides a short window of opportunity now for clients to take advantage of current favorable rules to preserve assets and quality for benefits before rules change. This video will cover the legal changes, their ramifications for both clients and attorneys and outline strategies available to create short and long-term planning opportunities for New York Medicaid.

During this video, you will learn: 

  • Beat the clock: How to take advantage of NY’s favorable Medicaid Home Care Rules now to get clients “Grandfathered in” before the October 1 deadline
  • Explanation of the new 30-month look back for Medicaid home care benefits
  • Calculating the penalty period for transfers during the look back, and implementing a “rule of halves” plan using the P-Note calculator
  • Discussion of other changes: reductions to the Spousal Allowance and more restrictive eligibility criteria for personal care and consumer-directed benefits
  • Planning strategies to create new opportunities for elder law practices

Recorded: June 25, 2020
Duration: 90 minutes