Click to play an audio version of this article
Medicaid Regional Rates: The following figures represent the Department of Health’s assessment as to the average cost of nursing home care in each region. These figures are used to calculate Medicaid penalty periods for gifts and asset transfers.
Medicaid Income and Resource Allowances: The New York State Department of Health has issued resource and income allowances for the year 2020.
All figures are effective as of January 1, 2020:
Genser Cona Elder Law is a full service law firm based in Melville, LI. Our firm concentrates in the areas of elder law, estate planning, estate administration and litigation, disability planning and health care facility representation. We are proud to have been recognized for our innovative strategies, creative techniques and unparalleled negotiating skills unendingly driven toward our paramount objective - satisfying the needs of our clients.
5 Answers that Clear Up Medicare Annual Election Period Confusion
5 Medicare Tips: Open Enrollment October 15 to December 7, 2019
Maintaining Medicaid Eligibility After the Death of a Spouse
Tax Planning vs. Medicaid Planning Avoid These Costly Mistakes
Trust Lending for Medicaid Asset Protection Trusts: Your Clients Do Have A Choice!
Medicaid Spotlight: What is Spousal Refusal?