Support the Special Needs Trust Fairness Act
The Special Needs Trust Fairness Act of 2015 ( S-349) would correct an error in OBRA ’93, which was a major revision to the Medicaid Act that allowed Medicaid applicants or recipients under age 65 to make penalty-free transfers of their assets or income into a first-party Special Needs Trust for their sole benefit. To qualify for the exemption, the Trust had to be established by a...
Special Needs Trust Fairness Act up for House Committee Hearing
Special Needs and other Medicaid issues will be on the discussion table this Friday September 18th at 9:00 am when the House Energy and Commerce Subcommittee on Health holds a hearing entitled Improving the Medicaid Program for Beneficiaries. The subcommittee will review and hear testimony on four pieces of legislation, including H.R. 670, the Special Needs Trust Fairness Act. The Special...
Special Needs Trust Fairness Act is up again in the House
The Special Needs Trust Fairness Act (https://www.congress.gov/bill/113th-congress/house-bill/2123) was introduced in the last Congress and was designed to allow individuals with disabilities to establish a Special Needs Trust for themselves so that they could transfer excess assets into the trust and preserve the assets while also remaining or becoming eligible for crucial benefits under...