With a properly written Special Needs Trust, a person is (or remains), or will become eligible for Supplemental Security Income (SSI), Medicaid, DDD, PPP, Social Security Disability (SSD) and other benefit programs (i.e. Section 8 housing, food stamps, prescription assistance) into the futur...
a government program that offers low-cost health insurance to children. If the parent of a child with a disability earns too much to qualify for Medicaid benefits but still struggles to pay healthcare expenses, CHIP can be a helpful solution....
Look into eligibility for government benefits.“Every child with a disability is unique,” says Cynthia Hutchins, director of Financial Gerontology at Bank of America, “but for those in need of ongoing care, there’s a common — and important — transition point in the late teens.” Once yo...
Functional need eligibility criteria and cost control mea- sures further restrict the scope of Medicaid HCBS, and similar to the financial eligibility limits, vary considerably by state [11]. Due in part to these eligibility limits, the adult population served by Medicaid is considerably more ...
In addition to her special-needs trust, Amanda has a so-called OBRA '93 trust in which she deposits the money she earns from her job, plus birthday presents and other gifts, so she doesn't cross the asset limit for Medicaid eligibility. She can use the money for anything that benefits ...