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Bill > H1202


MA H1202

MA H1202
To preserve special needs trusts for disabled seniors


summary

Introduced
02/16/2023
In Committee
07/10/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

Relative to the disposal of resources for determining eligibility for Medicaid. Health Care Financing.

AI Summary

This bill amends the Massachusetts General Laws to clarify that the transfer of assets by an individual aged 65 or older into a special needs trust established for their sole benefit, as defined under federal law, will be considered a disposal of resources for fair market value for the purpose of determining Medicaid eligibility. This means that such assets held in the trust will be available to provide goods and services to the individual at fair market value, without being counted against their Medicaid eligibility.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (24)

Last Action

New draft substituted, see H4841 (on 07/10/2024)

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location
State Bill Page https://malegislature.gov/Bills/193/H1202
BillText https://malegislature.gov/Bills/193/H1202.pdf
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