Medicaid Income Limits NY 2025 - Seth Schlessel

From Schlessel Law PLLC – Navigating Medicaid in New York can be challenging, especially with the updated Medicaid Income Limits NY 2025. This podcast unpacks the complexities of Medicaid eligibility for Long Island residents, focusing on crucial thresholds like $1,732 per month for individual applicants and $2,368 for married couples. We’ll also delve into the expanded coverage for disabled individuals, seniors over 65, and blind individuals (DAB), helping you understand how these income limits impact your ability to access essential healthcare services.

We’ll explore strategies like the Excess Income Program (Medicaid Spend Down) and the use of Pooled Income Trusts and Qualified Income Trusts (Miller Trusts) to help those with excess income qualify for benefits. Learn how concepts like Community Medicaid, the Community Spouse Monthly Income Allowance (CSMIA), and spousal refusal can protect your household’s financial security while ensuring access to care.

Medicaid eligibility goes beyond income; understanding exempt vs. non-exempt assets, the five-year look-back period, and the potential for Medicaid Estate Recovery is vital. We’ll break down asset protection strategies to safeguard your home, investments, and savings while meeting Medicaid’s requirements. Discover how proactive planning can provide peace of mind and long-term security for your family.

Stay informed about the latest changes in Medicaid policies and the significance of Cost of Living Adjustments (COLA) and Supplemental Security Income (SSI) in shaping eligibility. Whether you’re applying for Institutional Medicaid, Home and Community-Based Services (HCBS), or seeking coverage for long-term care, this podcast provides valuable insights to guide your Medicaid planning journey.

Schlessel Law PLLC

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