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SNF Owners Need to Be Aware of A Nasty Tax Law Change Starting in 2018

Your taxes have changed and you need to be on top of your situation.  The change will have its most severe impact on people who are buying SNFs.  If your tax advisor hasn’t called you yet to discuss this, then you need to make sure someone is looking at this for you. The 2017 Tax Act made several very significant changes.  One of the strangest is that a taxpayer can deduct no more than $500,000 of losses from partnerships and…

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Unveiling the Highlights of the New York MLTC Policy Change

25New York health coverage remains strong with around 4.3 million New Yorkers covered according to a report by the state Health Department. The same statement also noted the remarkable shift to more affordable plans this year. As the NY health department aims for security in health insurance and maximum protection for patients, it has recently transformed its Managed Long-Term Care (MLTC) program. The change is directed to MLTC eligibility where adults, who require community-based care for over 120 days, will…

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CMS Expansion: What’s next for Medicare Advantage Insurance Providers

The Centers for Medicare and Medicaid Services (CMS) may expandit’s benefits to home health and other personal care services which may not be included in MA plans, but which can be included and may redefine the reimbursement landscape. The expansion refers to certain benefits which are initially not part of the original Medicare, yet are primarily health-related. The development further encompasses other services provided that the additional inclusions are aimed at curing, preventing or diminishing the impact of an injury…

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The Unconcealed Challenges to Behavioral Health Insurance Policy

Receiving the proper care for behavioral health problems is an essential part of recovery. Without opportunities for treatment and rehabilitation, children, whose parents suffer addiction, continue to be at risk. Substance abuse has become a risk factor in the instance of child neglect and maltreatment based on a report by the Division of Children, Youth, and Families. Moreover, with increased challenges to behavioral health insurance policies, the chances for a better state of mind and overall health wellness of a…

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