Preparing for Medicare’s Annual Election Period

Published on August, 16 2022 by Michelle Berney
Each year, from October 15 – December 7, individuals with Medicare can make changes to their Medicare coverage. Plan changes take effect on January 1.Changes can include:Switching from one Part D plan to another Part D plan (for those with Original Medicare) • Switching from one Medicare Advantage plan to another Medicare Advantage plan • Switching [...]

Impact of Inflation Reduction Act on Health Benefits

Published on August, 16 2022 by Michelle Berney
The Inflation Reduction Act, signed into law on August 16, 2022, contains many healthcare provisions, some of which will take effect in the beginning of 2023:The enhanced subsidies for purchasing a Qualified Health Plan, put in place by the American Rescue Plan Act (ARPA) of 2021, will continue for an additional three years, through 2025. Meaning [...]

NYS Program for Senior Homeowners Increases Money and Time to Complete Home Repairs

Published on August, 3 2022 by Yvonne Peña
NYS Homes and Community Renewal’s Residential Emergency Services to Offer Repairs to the Elderly (RESTORE) program provides financial assistance for senior homeowners to make repairs that allow them to continue living independently in their homes. Governor Hochul signed legislation in August 2022 increasing the July-August 2022 Page 6 Benefits Plus E-Newsletter amount of time to complete [...]

Subsidized Child Care increases to 300% FPL

Published on August, 2 2022
Effective August 1, 2022, the income threshold for child care assistance will be set at 300% FPL. For example, for a household size of three can have income up to $69,090 annually. Families in NYC who are interested in applying can go to https://www1.nyc.gov/site/acs/early-care/acs-child-care-options.page.