Don’t Spend Down To Save Benefits
We see the spend-down strategy happen again and again. As end of month approaches, providers inevitably find consumers with funds over their resource limit and set into motion the never-ending tactic of spending the money away to save their consumer’s crucial benefits. This cycle is wasting staff time and consumers’ funds. You know there must […]
Use An Exempt Resource To Save Consumer Funds & Staff Time
We know the importance you place on choosing services that best support your consumers and community. Over one hundred human service providers nationwide have made THE PROVIDER TRUST their choice to control consumer funds and maintain eligibility. As an exempt resource, THE PROVIDER TRUST is an in-house special needs pooled trust that allows those in […]
Don’t Let Your Consumers’ Medicaid Fall Thru The Cracks
The original unwinding of Medicaid benefits coincided to end with the Public Health Emergency (PHE). However, in late December, the omnibus spending bill, the Consolidated Appropriations Act was signed and separated the Medicaid continuous enrollment requirement from the ongoing PHE. Congress is now allowing states to begin Medicaid eligibility redeterminations and renewals as of April […]
Supplemental Security Income Recipients Likely To See Largest Increase In Decades
For 2023, the cost-of-living adjustment, or COLA will bring a predicted increase for Social Security and Supplemental Security Income (SSI) benefits, which are expected to rise by 8.7%. This is according to a projection from The Senior Citizens League, a nonprofit that advocates for seniors. In 2022, we saw SSI benefits increase by 5.9%, raising […]
Save Stimulus Money
There are two questions I/DD providers need to be asking right now about this topic: 1) Do our consumers have stimulus money? 2) What is the best thing we can do with it? Over the last two years, most of your consumers received three stimulus payments, totaling $3,200. Also, during this time, the pandemic took […]
What’s So Special About Special Needs Pooled Trusts and ABLE Accounts?
We all know it can be a struggle to manage a consumer’s finances and maintain means-tested benefits. Monthly systems need to be built and handled to check every bank account to ensure that no consumer has a balance over the $2,000 resource limit. And when the threshold is met, one needs to get below $2,000 […]
