If I Have a Nursing Home or Personal Injury Claim and I am Receiving Medicaid, Will My Recovery be Considered an Asset Causing Me to Lose Medicaid Coverage?
Medicaid provides health coverage for persons of limited financial means. Obtaining a recovery for personal injury or negligent nursing home care can compromise a person’s entitlement to Medicaid benefits. In these situations, we can establish a pooled trust which allows the client to receive distributions for living and other expenses without the client losing eligibility for future Medicaid benefits. Obviously, this can be a crucially important factor in obtaining useful compensation for the client. For any clients receiving Medicaid, we strongly recommend you make sure your lawyers are familiar with establishing a pooled trust.