Budget Gaps, Block Grants, and Your Balance Sheet: How Medicaid May Be Changing

If you or your loved ones are using Medicaid benefits now or planning to qualify in the future, you’ll want to listen to this Life Happens radio podcast.

Hosts Lou Pierro and Frank Hemming tell you about the new numbers for 2020 that dictate the allowable Income and Resources to be Medicaid-eligible. They also be discuss the announcement this week by Governor Cuomo of a new “Medicaid Redesign Team,” which will be charged with examining ways to reduce the cost overruns in the program that are responsible for billions in budget deficits for New York State.

At the federal level, President Trump wants to impose ‘block grants’ on States that pose further threats to Medicaid funding, just as the cost of care is going up and resources diminish. How could the new numbers and proposals impact you? Lou and Frank fill you in on the possible scenarios in this fast moving political climate.