Commonly, senior citizens and individuals reaching retirement age worry about covering their long-term health care needs. With the cost of nursing home care totaling many thousands of dollars a month, many people fear depleting their savings to cover their nursing home expenses. Others worry about having enough money to even afford living in a nursing home or assisted living center.
Established in 1965, Medicaid is designed to help cover individuals' long-term health care needs. This is separate from the government-sponsored Medicare program available to cover seniors' basic health care needs, regardless of their financial status. To qualify for Medicaid, individuals must show a financial need.
At the Law Office of Roy A. List, we have a clear understanding of the eligibility requirements to qualify for Medicaid in New York. Our firm's founding attorney, Roy A. List, offers more than thirty years of experience helping clients navigate through the Medicaid application process. We apply our years of experience and legal skills to help secure your financial interests. Contact our law firm today to schedule a consultation with a highly skilled Nassau County Medicaid planning lawyer.
Guiding Clients Through the Medicaid Application Process
Individuals interested in qualifying for Medicaid must meet strict eligibility requirements. Generally, individuals who are eligible to obtain Medicaid benefits only have a limited amount of money or financial resources, such as:
- Less than $13,800 in savings
- Less than $758,000 of home equity
To qualify for Medicaid, many individuals fear being forced to deplete their savings. This can be avoided with proper planning. At the Law Office of Roy A. List, our elder law attorneys are committed to helping clients qualify for Medicaid without unnecessarily spending down their assets. We are available to help clients plan ahead through establishing special needs trusts or asset transfers. Medicaid planning is designed to help clients set aside the right amount of assets in an effort to qualify for Medicaid.
This is a highly complicated area of the law. When you select our law firm, we will guide you through the application process. We will need to make sure all of your financial statements from the past five years are properly included in the application. A miscalculation or lack of paperwork could result in a denied claim. Our legal team takes every measure to make sure the application is as comprehensive as possible.
Contact Our Highly Experienced Hicksville Appeals Lawyers
Even if your initial claim is denied, you have legal options. At the Law Office of Roy A. List, we have extensive experience obtaining favorable results for clients who appeal denied claims before an administrative judge. For experienced advocacy and legal counsel, contact us today to schedule a consultation at our law firm in Hicksville, New York.
