PLANNING FOR MEDICAID FINANCING OF LONG-TERM CARE
By: Thomas D. Begley, Jr., Esquire, CELA and Marianne Johnston, Esquire Long-term care is expensive no matter the setting. The monthly cost of a nursing home in New Jersey today is approximately $12,500 – $17,500. Assisted living residents may pay anywhere from $6,500 to $12,500 per month. An individual hiring an aide from a licensed…
Managed Long-Term Services and Supports and Program of All-Inclusive Care for the Elderly – Begley Report
By: Thomas D. Begley, Jr., Esquire, CELA and Marianne Johnston, Esquire MANAGED LONG-TERM SERVICES AND SUPPORTS The MLTSS program is for individuals who require services and support that are living at home, in an assisted living facility, in community residential services, as well as those in a nursing home. MLTSS participants must meet income and asset requirements,…
Medicaid Applications: Why It Makes Sense To Use A Lawyer – Begley Report
by Thomas D. Begley, Jr., Esquire, CELA INTRODUCTION Medicaid applications are complex and extremely labor-intensive. They require an enormous amount of time to collect and verify all of the necessary data that must accompany the application. If an application is delayed for even one month because there is incomplete or incorrect information, the applicant has…
SPECIAL NEEDS TRUSTS PART 2
by Thomas D. Begley, Jr., Esquire, CELA This is the second article of a two-part series on Special Needs Trust. Medicaid Generally, Medicaid is a welfare program that pays medical bills for the aged, blind and disabled who meet certain requirements. It is a medical payment program, not a medical insurance program. Medicaid…