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…
PENNSYLVANIA ANNOUNCES 2025 ELIGIBILITY STANDARDS FOR MEDICAL ASSISTANCE (MEDICAID) FOR LONG-TERM CARE
by Marianne Johnston, Esq. With the new year comes changes in several of the Pennsylvania Medicaid eligibility standards for long-term care benefits. What has changed? Countable Resource Limit – $2,400 if gross monthly income is greater than $2,901 $8,000 if gross monthly income is $2,901 or less Gross Monthly Income limit for Pennsylvania Aging…
HAPPY NEW YEAR – 2025 MEDICAID ELIGIBILITY STANDARDS
by Marianne Johnston, Esq. With the new year comes changes in several of the New Jersey Medicaid eligibility standards for long-term care benefits. What has changed? Income Cap – increased to $2,901 Maximum Community Spouse Resource Allowance – increased to $157,920 Monthly Maintenance Needs Allowance In Assisted Living Facility – increased to $143.65 At Home…
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,…