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McHugh & Macri
Certified Elder Law Attorneys Serving New Jersey Residents since 1978.
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Medicaid Planning Archives

NAELA National Academy of Elder Law Attorneys, Inc. MEMBER

New Jersey insurance company expands Medicare Advantage coverage

Residents of several New Jersey counties are taking note of AmeriHealth's recent expansion of their Medicare Advantage program. The Medicare Advantage health insurance program provides access to several health care services for individuals who are age 65 or older.

New Jersey Senate committee clears way for federal Medicaid funds

There has been a lot of talk over the last few years about how federal health care reforms will affect the current state of benefit programs. One major component of the reform, known popularly as "Obamacare," is to provide federal funding for an expansion of the Medicaid program. In early May, New Jersey's Senate Health, Human Services and Senior Citizens Committee voted to allow federal funds to come to the state.

Administration doesn't propose big cuts in Medicaid funding

Over the last several months, readers in New Jersey have likely been inundated with news of federal and state government budget cuts. Along the way, many may be wondering what programs will see cuts and what personal effect the changes will have. Recently, President Obama released a budget proposal that doesn't include significant cuts to the federal Medicaid program, which may be relevant to those considering Medicaid planning for long-term care.

Why it is important to create a Medicaid plan

Did you know that in order to qualify for Medicaid, you first have to spend almost all of your assets? The government will only help pay for nursing home costs if you have almost no assets left to your name. This will automatically reduce the type of care and lifestyle choices you were perhaps hoping to live out your remaining years with, unless you make the smart move to secure and protect those assets through Medicaid planning.

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