• Home
  • Who We Are
    • About Our Firm
    • Meet Our Team
  • Estate Planning
    • Asset Protection & Business Planning
    • Estate and Gift Tax Figures
    • Estate Planning Services
    • Family-Owned Businesses
    • Incapacity Planning
    • Legacy Planning
    • LGBTQ Estate Planning
    • Special Needs Planning
    • Trust Administration & Probate
    • Young Families
  • Elder Law
    • Coping With Alzheimer’s
    • Emergency Medicaid & Nursing Home Planning
    • Guardianship & Conservatorship
    • Hospice Care
    • Medicaid Planning
    • Veteran’s Benefits
  • Probate
  • Resources
    • Client Resources
      • Definitions
      • Docubank
      • Elder Law Resources
        • Brentwood Elder Law
        • Central Islip Elder Law
        • Commack Elder Law
        • Hauppage Elder Law
        • Smithtown Elder Law
      • Estate Planning Resources
        • Estate Planning Check Up
        • Estate Planning Techniques
        • Estate Planning Worksheet
        • FREE Estate Planning Seminars
        • Long Island Estate Planning Resources
      • New York Medicaid Resources
        • Medicaid Planning Worksheet
      • Nursing Home Resources
      • Probate Resources
        • Brentwood Probate
        • Central Islip Probate
        • Commack Probate
        • Hauppage Probate
        • Smithtown Probate
        • Suffolk County Probate Resources & Checklist
      • Presentations
      • Retirement Planning Checklist
      • Trust Administration Resources
    • Elder Law Reports
    • Frequently Asked Questions
      • Business Planning
      • Estate Planning
      • Families Without an Estate Plan
      • Incapacity Planning
      • LGBTQ Estate Planning
      • Medicaid Planning
      • Probate
      • Trust Administration
      • Trust Administration & Probate
      • Wills and Trusts
    • Reports
      • Advanced Estate Planning
      • Basic Estate Planning
      • Estate Planning for Niches
      • Trust Administration
  • Areas We Serve
    • Long Island
    • Nassau County
      • Oyster Bay
    • Suffolk County
      • Brentwood
      • Central Islip
      • Commack
      • Hauppauge
      • Smithtown
  • Blog
  • Contact Us

WAEstate

Long Island Elder Law & Estate Planning

Call us today(631) 265-0599

Attend a Free Seminar

Long Island Medicaid Planning Attorneys Explain Concern over Medicaid Cuts

October 26, 2017Medicaid

Long Island Medicaid planning attorneys help clients to protect their assets and make plans to obtain healthcare coverage in case they require costly medical services. As you get older, or if you get sick, you may have high care needs that necessitate expensive healthcare. In some cases, the care that you need is not covered by typical insurance or by Medicare. This can be a big problem, for example, if you need routine nursing home care or long-term care at home, neither of which are paid for by Medicare or most other policies. Long Island Medicaid Planning Attorneys

Medicaid is a primary payer of nursing home care and may be the only source of payment for many seniors. This is a big reason why there is so much concern regarding the potential for Medicaid cuts. In fact, Island Packet reported recently on testimony to the legislative committee regarding the potential risks of Medicaid cuts.

Because Medicaid is such a vital program, you should talk with Mark S. Eghrari & Associates, PLLC about whether you may need Medicaid someday and about what you can do to ensure you are able to get Medicaid to cover you when you need help. To find out more about how our firm can assist you with all of your Medicaid planning needs, give us a call today.

Concern About Medicaid Cuts

Medicaid is paid for by a partnership between federal and state governments. If federal funding for Medicaid is reduced, students may be unable to make up the shortfall in funding. In some cases, a reduction in federal funding could prompt states to cut benefits or could result in states limiting eligibility for benefits.

Many individuals reliant on Medicaid, either to provide for their own care or to help cover care costs for disabled or elderly family members, have expressed grave concerns over how their health and finances could be affected if Medicaid cuts take place. Proposed cuts could be damaging to the disabled, as well as to people suffering from mental illness, according to those who provided testimony. In some cases, those who are reliant upon Medicaid could find their lives shortened or at risk if they are not able to obtain needed services due to cost cutting that results in a benefits reduction.

Nursing home operators have also indicated some residents of their facilities would not be able to afford to continue living in their nursing homes if Medicaid cuts lead to patients losing access to coverage or if Medicaid cuts result in reimbursement rates for nursing homes being reduced.

Providers have expressed to lawmakers that they do not believe there are any other places where they could make cuts to costs if the Medicaid payments for nursing home care are reduced or eliminated. When seniors are forced to leave care facilities, this can cause a major disruption that could be damaging to their health and well-being as they lose their sense of community and purpose. Relatives could also be forced to pick up the slack in providing care to seniors who are no longer able to afford to stay in nursing homes.

Getting Help from Long Island Medicaid Planning Attorneys

These are just some of the big downsides that could result from cuts to Medicaid funding which results in available benefits changing. There have been repeated attempts on the federal level to cut Medicaid this year, as varying iterations of Trumpcare proposed Medicaid cuts. There is a continued possibility that cuts could occur as a result of upcoming decisions on the federal budget.

Seniors and their families need to make plans to protect assets, especially if there is a possibility that long-term care will become necessary and if there is a risk that Medicaid will not be able to provide full coverage. Mark S. Eghrari & Associates, PLLC can help with the creation of a Medicaid plan and can provide assistance in exploring different asset protection techniques to keep wealth safe in case costly nursing home care becomes necessary due to age and infirmity.

To find out how our Long Island Medicaid lawyers can help you, join us for a free seminar. You can also give us a call at (631) 265-0599 or contact us online at any time to get help with your personalized plans.

  • Author
  • Recent Posts

Mark S. Eghrari, Estate Planning Attorney

Mark S. Eghrari is an attorney in private practice in Smithtown, New York. He has been in practice since 1988. Mark S. Eghrari provides extensive estate and tax planning services to individuals and businesses. Mr. Eghrari’s primary focus is helping clients avoid probate, minimize or eliminate Federal and State Estate taxes and protect their assets from the high cost of nursing care, if they become ill.

Latest posts by Mark S. Eghrari, Estate Planning Attorney (see all)

  • Special Needs Planning and Medicaid Recovery - March 21, 2019
  • Have You Considered a Living Trust? - March 12, 2019
  • How Do You Qualify for Medicaid? - March 7, 2019

Other Articles You May Find Useful

Long Island medicaid lawyers
Long Island Medicaid Lawyers Will Help Make Sure You Get Care Medicare Doesn’t Cover
Can Medicaid take your inheritance?
Can Medicaid Take Your Inheritance?
Long Island medicaid attorneys
Why Your Heirs Need You To Talk to Long Island Medicaid Attorneys
Smithtown medicaid lawyers
Don’t Wait Until You’re Old to Contact Smithtown Medicaid Lawyers
medicaid lawyers
Top Mistakes Medicaid Lawyer Help You Avoid
medicaid attorneys
5 Things Medicaid Attorneys Wish You Knew

Download our free estate planning worksheet for creating a secure future

There's a lot that goes into setting up a comprehensive estate plan, but with our FREE worksheet, you'll be one step closer to getting yourself and your family on the path to a secure and happy future.

Follow Us

  • Facebook
  • Twitter
  • Linkdin
  • Youtube
  • rss

Blog Subscribers

  • This field is for validation purposes and should be left unchanged.

Blog Categories

  • Advance Directives (6)
  • Advanced Planning (4)
  • Annuity Trust (1)
  • Asset Protection (14)
  • Business Planning (5)
  • Drawbacks of Probate in New York (1)
  • Durable Power of Attorney (3)
  • Elder Law (109)
  • Estate Administration (12)
  • Estate in New York (2)
  • Estate Planning (143)
  • Estate Planning (16)
  • Estate Plans (135)
  • Estate Tax (7)
  • Estate Tax in New York (2)
  • Estate Taxes (32)
  • Federal Estate Tax (3)
  • Final Arrangements (2)
  • Financial Planning (12)
  • General (2)
  • Guardianship (8)
  • Guardianship in New York (2)
  • Ilit in New York (1)
  • Incapacity Planning (32)
  • Inheritance Tax in New York (4)
  • Insurance (4)
  • IRA / Retirement Planning (6)
  • Irrevocable Trust in New York (2)
  • Legacy Planning (11)
  • legal education (6)
  • LGBTQ Estate Planning (1)
  • Living Will (2)
  • Long Term Care (22)
  • Lving Trust (10)
  • Medicaid (51)
  • Medicaid Planning (17)
  • Medicare (2)
  • Medicare and Medicaid in New York (1)
  • Parents w/Young Children (2)
  • Pet Planning (6)
  • Power of Attorney (15)
  • Probate (48)
  • Probate Process in New York (1)
  • qualified Terminable Interest Property Trust in New York (1)
  • Retirement Planning (27)
  • Revocable Living Trusts (4)
  • Small Business Planning (3)
  • Social Security (2)
  • Special Needs Planning (17)
  • Special Needs Trust in New York (3)
  • Supplemental Needs Trust (1)
  • Taxes (15)
  • Trust (30)
  • Uncategorized (4)
  • Veterans Aid and Attendance (5)
  • Wills and Trusts (55)
  • Wills in New York (2)

Where We Are

50 Karl Avenue, Suite 202
Smithtown, NY 11787
Phone: (631) 265-0599
Fax: (631) 265-0754

See Larger Map Get Directions

Office Hours

Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 2:00 PM

Map

myestateplan_sidbr_map
  • Disclaimer
  • Privacy Policy
  • Sitemap
  • Contact Us

Connect with Us

  • Facebook
  • Twitter
  • Linkdin
  • Youtube
  • rss
footer-logo

LAW FIRM OF MARK S. EGHRARI
& ASSOCIATES, PLLC
Attorney Advertisement

© 2019 American Academy of Estate Planning Attorneys, Inc.