With all of the changes that we hear about from our leaders in Washington, D.C., it is possible that some Pennsylvania residents may be concerned that their eligibility for federal programs could be impacted sometime in the near future. However, our readers probably know by now that it takes quite a bit of political will to make changes to many major programs, such as Social Security, Medicare and Medicaid. As a result, it is probably wise to plan as if these programs will stay as they are for the foreseeable future.
For many Pennsylvania residents, that means making a financial plan that includes Medicaid eligibility. For some people, this could require coordination with a spouse’s assets in order to ensure eligibility. For others, changes may be required to an estate plan, including previous plans for long-term care and asset distribution.
Whatever changes need to be made, having a plan in place that allows a person to take advantage of federal programs that are offered can be crucial for those who may have trouble paying for long-term care. Federal regulations regarding eligibility can be strict, so it can be a wise move for Pennsylvania residents to get the best and most up-to-date information about these requirements.
At our law firm, we do our best to make sure that our clients who have long-term care goals are taking steps in the right direction. For many of our clients, that will mean that they need to take a look at whether or not they can have a plan in place to enroll in Medicaid coverage when they are able to. For more information about how our law firm might be able to help with your case, please visit our website.