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106 Commerce Street
Suite 101
Lake Mary, FL 32746
Phone: 407-682-4111
Fax: 407-682-5511
Email: info@aged501.org
Advocates & Guardians for the Elderly & Disabled
What is AGED?
AGED is a Not-For-Profit organization, serving the elderly and disabled. AGED uses Special Needs Pooled Trusts, Grants and donations to help seniors and the disabled afford the care they need.
AGED is able to take monies that you have as assets, along with the income you receive monthly, and put it into a Special Needs Pooled Trust. By virtue of the Pooled Trust the income and assets can no longer be counted therefore allowing you to qualify for benefits.
What is the AGED Special Needs Pooled Trust?
The AGED Special Needs Pooled Trust is a Qualified Medicaid Pooled Trust for disabled individuals. The Special Needs Pooled Trust is similar to a savings account. Simply place any monies over the Medicaid limit into your trust, which then allows you to qualify for government benefits. The state Medicaid Agency cannot legally count the money in your trust as income or assets.
Who needs a Special Needs Pooled Trust?
Elderly and Disabled individuals who:
- Are over income / asset and need to qualify for government benefits.
- Don't want to "spend down" their monies in order to qualify for benefits.
- Need more available income to stay in a community setting or to delay or prevent the need for Nursing Home placement.
- Are facing end of Medicaid Nursing Home coverage and are unable to privately pay for their Nursing Home costs.
- Need to enroll in the Medically Needy program.
- Are enrolled in the Medically Needy program and want their income to be used for personal care outside of medical needs.
Why would you want to use the Special Needs Pooled Trust?
A Special Needs Pooled Trust with AGED will allow you or your loved one to become eligible for benefits needed to take care of the expenses associated with today's rising healthcare costs. Possible benefits are:
- Medicare Part B Reimbursement
- Prescription Medications
- Durable Medical Equipment (DME) and Medical Supplies
- Home Health Aid
- Medical Co-Pays
What can be paid out of the Special Needs Pooled Trust?
The following is a list of what can be paid for out of the Special Needs Pooled Trust. Checks are sent directly to the vendor, not the Beneficiary, and must be for the Beneficiary's support and needs. If you have questions about whether or not something can be paid for out of a Special Needs Pooled Trust feel free to contact us today.
- Long Term Care Insurance
- Rehabilitation
- Out of Pocket medical and dental expenses not covered by government benefits
- Transportation to and from appointments or events (including purchasing a vehicle)
- Personal Care Attendant for needs or escort to appointments or events
- Maintenance of items used to support the Beneficiary (house, vehicle, etc.)
- Private Health Insurance
- Travel / Trips to see family
- Purchase of goods and services that add pleasure to life (furniture, television, entertainment, etc.)
- Essential dietary needs (vitamins, supplements, etc.)
- Food & Shelter (rent, mortgage, utilities, etc.*)
- Legal, Guardianship, and Care Management services
* Depends on type of assistance being recieved or applied for.
What are Medicaid Benefits and what can they do for you?
Medicaid is a program that provides medical coverage to low income individuals and families. The state and federal government share the costs of the Medicaid Program.
Definition from the Florida Medicaid website, which can be viewed in its entirety at: http://www.dcf.state.fl.us/ess/medicaid.shtml.
