Vincent Russo on CFN Live: Pooled Income Trusts: A Home Care Remedy
Discover the benefits of Pooled Income Trusts in New York and how they can protect your monthly income while accessing Medicaid Home Care.
Discover the benefits of Pooled Income Trusts in New York and how they can protect your monthly income while accessing Medicaid Home Care.
A Pooled Income Trust in New York can mean the difference between being able to stay at home or being forced into a nursing home for long term care. This originally aired on the Catholic Faith Network’s show CFN Live:…
Pooled trusts are valuable tools for those in need of long-term care when their income exceeds Medicaid’s limits. They present a viable way to gain and maintain Medicaid eligibility for many seniors, people with disabilities, and others. But there are…
Medicaid Managed Long-Term Care Providers (MLTCs) came into existence as part of the NYS Medicaid redesign—an attempt by NYS to provide quality care under the Medicaid program while controlling costs. MLTC plans are in place to help care for the…
For many seniors and individuals with disabilities, a pooled trust can be an excellent option to help them qualify for means-based government benefits, such as Medicaid and/or Supplemental Security Income (SSI). So, what exactly are the benefits of a pooled…
A pooled trust is established and managed by a not-for-profit organization along with a trust company acting as trustee. It permits individuals to protect their eligibility for public financial assistance, such as Community Medicaid (Home Care) and Supplemental Security Income…