Elder Law Report
Elder Law Report
Greg McIntyre, J.D., M.B.A.
The One Big Beautiful Bill: What NC Residents Need to Know About Long-Term Care Changes
7 minutes Posted Jul 30, 2025 at 1:00 pm.
Introduction to One Big Beautiful Bill
New Home Equity Caps Explained
Semi-Annual Eligibility Changes
Shortened Retroactive Coverage Period
Planning Ahead and Free Consultation
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Show notes
The landscape of long-term care benefits in North Carolina is shifting dramatically with the implementation of the "One Big Beautiful Bill." This legislation introduces several key changes that could significantly impact how you or your loved ones access crucial healthcare services when they're needed most. Most notably, the bill establishes a flat home equity cap of $1 million for Medicaid eligibility. For homeowners who have built substantial equity over decades – particularly in urban are...