Expanding Medicaid Eligibility and the Potential Changes Under Gov. Hochul’s Budget Proposal

As we say, “Life Happens,” and that is quite true given a major and surprising development. New York Governor Kathy Hochul’s newly proposed budget would eliminate a resource test for Medicaid eligibility for all applicants regardless of wealth, effective January 1, 2023. This would expand the opportunity of benefits for senior and disabled New Yorkers by raising the income eligibility level and eliminating an asset cap.

Life Happens Radio hosts Lou Pierro and Peter Strauss explain this potentially groundbreaking expansion of Medicaid eligibility and how it could impact you and your loved ones. Hochul’s administration estimates that these changes would enable an additional 200,000 New Yorkers access to Medicaid coverage.