NY S06414

Repeals the look-back period requirement for non-institutionalized individuals applying for Medicaid coverage of community-based long-term care services.

Maintains the 60-month look-back period for institutionalized individuals (nursing facility applicants) to determine asset transfer penalties.

Removes the 30-month look-back period previously applied to non-institutionalized individuals seeking Medicaid coverage of long-term care services.

Eliminates asset transfer penalties for non-institutionalized Medicaid applicants who transferred assets for less than fair market value.

Takes effect immediately upon enactment.