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Special Needs Trust and Medicaid: Protecting Benefits

2024-10-187 min read
Medicaid provides essential healthcare for people with disabilities. An SNT keeps this coverage intact. ## Why Medicaid Matters ### Comprehensive Coverage - Doctor visits - Hospital stays - Prescription drugs - Long-term care - Therapies - Medical equipment ### Asset Limits Medicaid has strict asset limits. An inheritance could cause disqualification. ## How SNTs Protect Medicaid ### Assets Don't Count Properly structured SNT assets are exempt from Medicaid asset limits. ### Distributions Matter How money is spent determines whether it affects Medicaid. ## First-Party SNT Payback First-party SNTs must pay back Medicaid at beneficiary's death for benefits received. ### How It Works Medicaid files a claim against remaining trust assets. ### What Remains After payback, remaining funds go to remainder beneficiaries. ## Third-Party SNT Advantage No Medicaid payback required. All remaining funds go to chosen beneficiaries. ## HCBS Waivers Home and Community-Based Services waivers provide additional coverage. SNTs protect these too. ## Protect Your Coverage Pioneer Credit Solution helps families maintain Medicaid eligibility. Call 1-888-271-2293.

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