What Is New York’s 5-Year Medicaid Lookback for Nursing Home Care?
Understanding How New York Reviews Five Years of Your Finances Before Approving Nursing Home Medicaid Key Takeaways: New York’s 5-year Medicaid lookback reviews 60 months of financial history from the nursing home Medicaid application date. Uncompensated transfers trigger penalty periods calculated by dividing the transfer value by the regional monthly nursing home rate, starting only […]
Family Healthcare Decision Act in the Absence of a Healthcare Proxy
When an elderly person is unable to manage his or her finances, daily necessities, and medical treatment, but refuses to execute a power of attorney or health care proxy to appoint an agent to assist him or her, a guardianship proceeding may be necessary. However, in regard to health decisions where there is no health […]