Connecticut House Bill HB05514

Connecticut 2019 Regular Session

• Introduced: 1/17/19
• Refer: 1/17/19

Caption

An Act Authorizing The Use Of Miller Trusts To Obtain Medicaid Eligibility.

Impact

The potential impact of HB 05514 on state laws revolves around changing how Medicaid eligibility is calculated. By allowing excess income to be placed in a Miller Trust, the bill seeks to create a pathway for more individuals to qualify for Medicaid without losing their assets. This could ultimately lead to an increase in the number of residents receiving Medicaid assistance, thus affecting budget planning and financial resources allocated for healthcare services in the state. It also positions Miller Trusts as a more widely accepted financial tool for low-income individuals in need of healthcare support.

Summary

House Bill 05514 is designed to authorize the use of Miller Trusts to determine eligibility for Medicaid. Specifically, the bill requires the Commissioner of Social Services to amend the state's Medicaid plan to allow individuals to direct excess income to a Miller Trust in order to qualify for Medicaid services. This provision aims to provide financial planning options for individuals with income levels that might otherwise disqualify them from receiving Medicaid assistance. Miller Trusts are typically used to eliminate excess income while ensuring that individuals can still access necessary healthcare services.

Contention

There may be points of contention surrounding this bill, particularly regarding concerns about the broader implications of facilitating access to Medicaid through financial trusts. Supporters argue that the bill helps low-income families manage their healthcare costs while still maintaining some level of financial independence. However, critics may argue that this approach can lead to potential misuse of trust funds or avoidance of Medicaid eligibility restrictions. Thus, ensuring proper oversight and regulation of Miller Trusts will be crucial for the bill's successful implementation.