Obtaining Medicaid Home Care Benefits can be a complex and difficult procedure. Many seniors find themselves frustrated just trying to navigate the Medicaid process. At times it can seem more like a maze filled with obstacles.
The Medicaid application itself can be a nightmare. That’s where a KTS Pooled Trust steps in to help you or your loved one to qualify for benefits regardless of income requirements.
We’ve been helping seniors get the help they need since 2012. KTS’ Medicaid Pooled Income Trust is a supplemental needs trust available to New York state beneficiaries. It allows Medicaid recipients to avoid having to spend-down their excess income in order to qualify for benefits including home care. This trust is bound by all Federal and Medicaid laws and regulations. Please do read on to learn how a Medicaid pooled income trust works here at KTS Trust.
Our very first priority is you. We want to be sure that you receive the benefits that you deserve. To do this, we provide a free consultation to get to know you and your situation better.
We will review your circumstances to determine your needs and whether or not a pooled trust is the best fit for you. We gather the necessary information and verify the amount needed to go into the trust in order for you to receive government assistance.
Take the first step in getting the help you need for home care benefits with KTS.
Not a Medicaid recipient? Once it’s determined that you or your loved one needs home care services and are looking to receive government benefits and Medicaid services, you will need to apply for Medicaid. This is an important step. So, if you are not currently a recipient, KTS can assist you with the completion of the required application.
We will help you to gather all necessary documents, help with the application process, and keep you updated on the progress and status of your application. KTS may recommend the help of legal services depending on your situation and will keep watch to follow up on your pending status.
If you are currently a Medicaid recipient, or have begun the process of applying for Medicaid, but find that you do not qualify for home care benefits, KTS can help.
The Medicaid program provides Home Care Benefits to those who meet eligibility requirements. For example, you must be disabled or an elderly person over 65 years of age. In addition, you must meet the income limits according to your state.
Having excess monthly income, surplus income, or need to spend down is the most common reason people are not eligible. In the state of New York, for example, a person receiving benefits cannot exceed a specified amount in monthly income. But you can still qualify even with excess income through a pooled trust in the beneficiary’s state.
The KTS pooled trust will help you to determine your eligibility and what you need to do in order to qualify.
If it’s determined that you are not eligible due to excess income, you may still qualify for Medicaid Home Care benefits by joining a Medicaid Pooled Income Trust. Think of it as a legal shelter created to protect your income and pay covered living expenses. Joining this type of trust establishes a personal account within the Pooled Trust to manage your income and pay your bills. By doing so, it allows Medicaid recipients to avoid the problem of having more income than what is allowed.
Participating in the KTS Pooled Trust allows you to use your excess income to pay your monthly living expenses and avoids the spend-down requirement to meet eligibility.
Now comes the easy part, joining the pooled trust. Enrolling in the KTS trust is simple and starts with completing an application that we send along with other necessary forms thru email, fax, or mail—your choice. Forms that will need to be completed include the Joinder Agreement, Disbursement Form, Recurring Disbursement Form, and Direct Debit (ACH) Form.
After all of your paperwork is complete and we receive your application, it will then be processed and your Pooled Trust will be set up on the same day. We will let you know if any further information or documents are needed for completion. When finished, KTS will submit your Pooled Income Trust packet to Medicaid.
KTS is happy to assist you every step of the way with a dedicated representative and caring staff who understand your needs.
Once your paperwork is complete, your account within the trust will be established beginning with your enrollment fee and first monthly deposit. You will receive assistance in setting up your monthly bills and taking care of covered expenses.
KTS’ First-Class Services kick in and include dependable customer service you can count on. You’ll benefit from ACH direct deposit, automatic bill payments, 24/7 online and phone access, and more. Prefer to send a check? At KTS, we can also accept payments the old-fashioned way.
With KTS, you can depend on our reliable, top-notch services. We care for your account as if it were our own.
At KTS, we believe that joining a Pooled Income Trust shouldn’t be stressful. It should be the right solution you need to keep you or your parent or grandparent receiving benefits while safe at home. Our Pooled Income Trust is designed to give you a worry-free experience that you can rely on. That’s why we provide you with a dedicated representative who works closely with you as well as our caring staff.
Plus, you’ll have the luxury of reviewing your online account whenever you want, wherever you want, 24/7— so you won’t need to lose any sleep. And that’s in addition to monthly statements, not to mention, exceptional customer service.
We understand the concerns you are feeling at this time, which is why we go to great lengths to help our members. When you join KTS, you become part of our family. You are an important part of who we are and why we exist.
Do you have questions about the KTS Pooled Income Trust? To get the answers you need or to get started with a free consultation.