{"id":1137,"date":"2022-05-18T16:40:03","date_gmt":"2022-05-18T16:40:03","guid":{"rendered":"https:\/\/www.allhcc.com\/?page_id=1137"},"modified":"2022-11-23T12:38:24","modified_gmt":"2022-11-23T12:38:24","slug":"pooled-income-trust","status":"publish","type":"page","link":"https:\/\/www.allhcc.com\/?page_id=1137","title":{"rendered":"Pooled Income Trust"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1137\" class=\"elementor elementor-1137\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-67b673a elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"67b673a\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-64635a4\" data-id=\"64635a4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cbcc205 elementor-invisible elementor-widget elementor-widget-aux_modern_heading\" data-id=\"cbcc205\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;zoomIn&quot;}\" data-widget_type=\"aux_modern_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<section class=\"aux-widget-modern-heading\">\n            <div class=\"aux-widget-inner\"><h2 class=\"aux-modern-heading-primary\">POOLED INCOME TRUST<\/h2><\/div>\n        <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cc84c80 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cc84c80\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cefb941\" data-id=\"cefb941\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-accb627 elementor-invisible elementor-widget elementor-widget-aux_modern_heading\" data-id=\"accb627\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;zoomIn&quot;}\" data-widget_type=\"aux_modern_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<section class=\"aux-widget-modern-heading\">\n            <div class=\"aux-widget-inner\"><h2 class=\"aux-modern-heading-primary\">Pooled Income Trust<\/h2><h3 class=\"aux-modern-heading-secondary\"><span class=\"aux-head-before\">Your income should not be a hindrance to Medicaid approval. <\/span><\/h3><\/div>\n        <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b38de16 elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"b38de16\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 26-03-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Are you looking to qualify for Medicaid for home health care but your income is above the limit and worried about <span data-startindex=\"72\" data-endindex=\"83\" data-paragraphid=\"4\">&#8220;spend-down&#8221;<\/span>? Pooled Income Trust can be an option for you.<\/p><p>Income put by disabled individuals into a pooled income trust in New York State is ignored when establishing their Medicaid budget. As a result, disabled people who need home care can put their &#8220;surplus&#8221; or &#8220;extra&#8221; income into a pooled income trust and qualify for Medicaid without having to &#8220;spend down.&#8221; They can still pay their bills with the money they put into the pooled income trust.<\/p><p>People in New York State who have been determined handicapped by the Social Security Administration or the State of New York can apply for Community Medicaid with Long-Term Care through a pooled income trust.<\/p><div>Pooled income trusts are managed by non-profit organizations. The funds will be deposited into the member&#8217;s own account. They must submit monthly bills in order for the trust to pay them. The amount paid to your biller will be withdrawn from your funds automatically. Any remaining funds in a member&#8217;s account are not available for withdrawal. Any funds left over after the member&#8217;s death will be held in trust.<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1403976 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"1403976\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-be71a32\" data-id=\"be71a32\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ddd9421 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"ddd9421\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9be7bdf\" data-id=\"9be7bdf\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7130f12 elementor-widget elementor-widget-aux_modern_button\" data-id=\"7130f12\" data-element_type=\"widget\" data-widget_type=\"aux_modern_button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t    <div class=\"aux-modern-button-wrapper aux-modern-button-align-center\" >\n                    <a class=\"aux-modern-button aux-black aux-modern-button-md aux-modern-button-curve aux-modern-button-default aux-icon-\">\n                <div class=\"aux-overlay\"><\/div>\n                                    <div class=\"aux-icon \">\n                                            <\/div>\n                                <div class=\"aux-text\">\n<span class=\"aux-text-before\">OTHER SERVICES <\/span>                <\/div>\n            <\/a>\n            \n    <\/div>\n\n    \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>POOLED INCOME TRUST Pooled Income Trust Your income should not be a hindrance to Medicaid approval. Are you looking to qualify for Medicaid for home health care but your income is above the limit and worried about &#8220;spend-down&#8221;? Pooled Income Trust can be an option for you. Income put by disabled individuals into a pooled [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pooled Income Trust - HOME CARE CONNECT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.allhcc.com\/?page_id=1137\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pooled Income Trust - HOME CARE CONNECT\" \/>\n<meta property=\"og:description\" content=\"POOLED INCOME TRUST Pooled Income Trust Your income should not be a hindrance to Medicaid approval. 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