Long Island Medicaid planning attorney Seth Schlessel (https://www.schlessellaw.com/how-to-apply-for-medicaid-on-long-island/) releases a new article explaining the eligibility requirements for Medicaid on Long Island. The lawyer mentions that Medicaid is a federal and state program that helps people with limited income to afford essential healthcare needs. Medicaid also provides funding for nursing home care and personal care services.
“As a means-tested program, Medicaid applicants are commonly subjected to strict eligibility criteria before they can avail of benefits. The requirements are almost prohibitive and may require applicants to spend or give away some of their assets just to qualify for the program,” the Long Island Medicaid planning attorney says.
The lawyer explains that medical coverage is often covered through the use of a Medicaid card or a managed care plan for those enrolled in care facilities. Medicaid services are usually categorized into three categories: community Medicaid, Community Medicaid with Long-Term care, and nursing home Medicaid.
Attorney Seth Schlessel adds that there are requirements for being eligible for Medicaid. These requirements include that the person must be a US citizen, green card holder, or legal alien. The person must also be under the age of 21 and over the age of 65. Medicaid applicants are also required to pass a test which means that the annual household income will be evaluated by the state.
In the article, attorney Schlessel adds, “The Medicaid look-back period is the timeframe of your financial statements Medicaid uses to evaluate your financial standing. The state will evaluate your financial statements to see that you didn't just gift away your assets to friends and family to retain them. If you are found to have given away your assets, you may lose your eligibility and may be prevented from applying for some time.”
Lastly, attorney Schlessel emphasizes that having an experienced Suffolk County or Nassau County Medicaid planning attorney is important in order for the client to save money while also planning their future in an efficient manner.
About Schlessel Law PLLC
Seth Schlessel is the founder of Schlessel Law PLLC. As a skilled estate planning attorney, Mr. Schlessel understands the importance of a comprehensive estate plan for a family’s future. He and his team have helped many families preserve their assets and ensure that a person’s wishes are carried out the way they want. Aside from estate planning, the firm also helps with elder law, personal injury law, and startup/corporate law. Contact them today to learn more.
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