Skip to Main Content

Latest News

New Medicaid Rules in New York for 2025: Impact on the Aging Population

As the population of the United States continues to age, the demand for healthcare services, particularly for long-term care, has been steadily increasing. In response to this trend, states like New York have been implementing new Medicaid rules to adapt to the changing needs of their aging population. These rules, which will go into effect in 2025, aim to streamline the Medicaid process and ensure that eligible individuals receive the care they need in a timely and efficient manner.

One of the key changes to the Medicaid rules in New York for 2025 is the implementation of a new eligibility criteria for long-term care services. Under the new rules, individuals will need to meet stricter income and asset requirements in order to qualify for Medicaid coverage for long-term care. This means that some older adults who were previously eligible for Medicaid may now find themselves ineligible under the new rules, placing a greater financial burden on themselves and their families.

In addition to changes in eligibility criteria, the new Medicaid rules in New York for 2025 also aim to improve the quality of care provided to older adults by implementing new regulations for long-term care facilities. These regulations include stricter guidelines for staffing levels, training requirements for caregivers, and standards for the quality of care provided. While these changes are intended to ensure that older adults receive the highest quality of care possible, they may also result in increased costs for long-term care facilities, which could be passed on to residents in the form of higher fees.

Furthermore, the new Medicaid rules in New York for 2025 also emphasize the importance of preventative care and wellness programs for older adults. By promoting healthy lifestyles and early intervention, these programs aim to reduce the need for costly long-term care services in the future. However, implementing these programs may require significant resources and investment, which could strain the already limited resources of the Medicaid program.

Overall, the new Medicaid rules in New York for 2025 have the potential to have a significant impact on the aging population in the state. While the changes aim to improve the efficiency and quality of care provided to older adults, they may also pose challenges for those who are no longer eligible for Medicaid coverage or who may face increased costs for long-term care services. It is crucial for policymakers to carefully consider the implications of these new rules and work towards finding solutions that balance the needs of the aging population with the resources available through the Medicaid program. Only through thoughtful planning and collaboration can we ensure that older adults in New York receive the care and support they deserve in their golden years.

 

Who Holds the Reins When You Can’t? The Power of a New York Power of Attorney

Imagine this: a sudden illness or accident leaves you unable to manage your own affairs. Your mortgage payment is due, your Con Ed bill needs to be paid, and a crucial financial decision needs to be made about your retirement account. Who has the legal authority to step in and handle these things for you? If you’re like many New Yorkers, the answer might be a frightening “no one.”

Continue Reading

 

How to Create a Power of Attorney in New York

A power of attorney is a legal document that allows you to appoint someone to act on your behalf in financial and legal matters. You may need a power of attorney if you are unable to manage your own affairs due to illness, injury, disability, or absence. A power of attorney can give you peace of mind and ensure that your wishes are followed.

Continue Reading

 

Guest Blog – Embracing Resilience: Self-Care Strategies for Parents of Children with Special Needs

By: Emily Graham, Guest Writer, www.mightymoms.net

Caring for children with special needs is a challenging yet rewarding journey. The crucial key to navigating this path successfully lies in an often-overlooked aspect: self-care. This article, courtesy of Falcone Law Firm, focuses on empowering parents of special needs children with essential self-care strategies, ensuring they not only survive but thrive in their caregiving roles.

Continue Reading

 

We are Lead Counsel Verified!

Falcone Law Firm is proud to announce we are Lead Counsel Verified! Contact us today to find out more.

Continue Reading

 

You’re Divorced From Your Spouse, Not Your Power of Attorney

It is not uncommon for people to give their spouses power of attorney when developing an estate plan in the event of their death or incapacity. A power of attorney is a very powerful document that gives the agent the ability to gift your assets and to sign your name on documents. However, if you should get divorced, you obviously do not want your spouse to still have this power. The question then becomes whether the divorce itself will automatically revoke a power of attorney, or if there are extra legal steps you need to take to do this yourself.

Continue Reading

 

Medicaid News Advisory

Significant Increases to Medicaid Resource Limits in 2023

There’s good news for seniors who are either on Medicaid Community or Nursing home Care for 2023 or who might need those services in 2023.

Social Security Income (SSI) beneficiaries will receive an 8.7 percent annual cost of living adjustment in 2023.

Continue Reading

 

Falcone Law Firm – Proud Sponsor of Winters Center for Autism

Earlier this month, the Falcone Law Firm sponsored the Second Annual Joe Winters Memorial Golf Outing. We are proud to have been able to contribute to their noble cause.

Continue Reading

 

5 Estate Planning Tasks to Complete Before 55

It is not easy accepting that your time on Earth is limited, but it is something you should discuss with your loved ones before it is too late. Unfortunately, far too many Americans 55 and over do not complete essential end-of-life planning tasks, which may lead to difficulties with family members and friends when you cannot make decisions for yourself due to your health. In this article, you will learn five essential estate planning steps you should take before you turn 55.

Continue Reading

 

Why Having a Power of Attorney Is Always Important

Many people believe having a power of attorney is only essential surrounding life-changing events; however, this is not the case. You do not need to be in poor health or above a certain age to reap the benefits of a properly executed power of attorney. At any age, there are commonplace events that may occur during which having a durable power of attorney can save you from what could have been a stressful situation.

Continue Reading