Welcome to SeniorWeblinks.org. This site is for all those looking for the resources to care for the elderly and disabled. We fulfill the educational mandate of A.G.E.D., a Non-Profit Organization. As such our duty is to provide you the education and resources to assist you with the care of your family, friend or client. SeniorWeblinks.org is a website created and maintained by medical professionals for anyone to use.
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What is AGED?: AGED is able to take the money that you have as an asset and the income that you receive monthly and put it in a Trust. By virtue of the Trust the State Medicaid Agency ( DCF in Florida) can no longer count that money as income or assets. You now can qualify for Medicaid Benefits. But what are Medicaid Benefits and what can they do for you? Keep reading down the page and we will answer those questions and more.
This is an excerpt from the Federal Statute that allows all Medicaid Pooled Trusts exist: “The qualified Medicaid pooled trust for the disabled individuals is a legal instrument which meets criteria in 42 United States Code 1396(p) (d) (4) (c) and which allows disabled individuals to place assets and/or income into a trust to qualify for Medicaid assistance”. The link below will take you to the DCF page where this document resides for the State of Florida: The Florida Department of Children And Families In non–legalese, a trust with AGED will allow you and/or your loved one to become eligible for the benefits that are needed to take care of the expenses associated with today's healthcare system. The AGED Pooled Trust is available in all 50 states. If you live outside Florida and are interested in finding out about an AGED Trust for you, a family member, a friend or client, please e-mail AGED at: nick@aged501.org Who can benefit from this Trust? Elderly and Disabled individuals who: · Are over income or asset and need to qualify for government benefits. · Do not want to “spend down” their money to resolve the over asset issue. · Need more available income to be able stay in a community setting to delay or prevent the need for Nursing Home placement. · Are facing Medicare Nursing Home coverage ending and are unable to pay privately for Nursing Home costs. · Enrolled or need to enroll in the Medically Needy Program. What can the Trust pay? · Legal, Guardianship and Care Management services. · Long Term Care Insurance premiums. · Rehabilitation. · Out of pocket Medical and Dental expenses not covered by government benefits. · Transportation (including purchase of a vehicle). · Personal care attendant for needs or escort to appointments or events. · Maintenance of items used to support the Beneficiary (house, vehicle, …) · Private Health Insurance · Trips/visits to family. · Purchase of goods and services that add quality of life. (furniture, television, entertainment, pet’s needs...) · Essential dietary needs (vitamins,supplements …) · Food and Shelter (rent, mortgage, water, sewage, electric, cable… ) * * Special requirements for SSI recipients. (Requirement: Funds can not go directly to the Beneficiary and must be for the Beneficiary's support and needs.)
Why use this Trust? To qualify for benefits such as: · $1-$2 Co-pay for Medications · Paid Medicare Premiums · Paid Co-insurance, deductibles · DME and Medical supplies · Home Health aid/services · Government sponsored Transportation · Medicaid Waiver Programs · Full Community Medicaid · Hospice · Skilled Nursing Facility Admission
What’s needed to participate & qualify? ¨ Medicaid’s or Social Security’s Disability Determination * ¨ Application and approval through Medicaid. ¨ Participation in Trust
(* Request disability determination when
submitting the Request for Assistance (RFA) for Medicaid Benefits) When is a good time to join the Trust? · Preferably before benefits are needed. · At time of financial need. Example: ¨ Admission to Skilled Nursing Home, ALF or other facility; ¨ Unable to afford Medical and Medication costs ¨ For spouse in need of government benefits eligibility. · At the time of a disqualifying event. Example: ¨ Sale of homesteaded home ¨ End of Medicare Skilled Stay in Nursing facility ¨ Inheritance. · In conjunction with Estate and Long Term Care planning. By now you are probably thinking
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