Wisconsin Senate Bill SB252

Wisconsin 2025-2026 Regular Session

• Introduced: 5/9/25
• Refer: 5/9/25

Caption

Independence accounts. (FE)

Impact

One of the notable impacts of SB252 is the modification of how inherited assets are treated when assessing eligibility for Medical Assistance benefits. By excluding assets acquired through inheritance from the eligibility calculation, the bill seeks to protect the financial stability of individuals who may receive inheritances, thereby reducing the risk of losing crucial health benefits. This provision is designed to empower individuals with disabilities to save and manage their finances more effectively.

Summary

Senate Bill 252, titled 'Independence Accounts,' introduces significant alterations to the state's Medical Assistance program, particularly aimed at individuals with disabilities who are employed or wish to be employed. The bill allows individuals to deposit up to $15,000 of their gross earnings into an independence account within a 12-month period. This change aims to encourage financial independence and asset accumulation for qualified individuals without jeopardizing their eligibility for Medical Assistance benefits.

Contention

While proponents of the bill advocate for its potential to enhance the financial independence of individuals with disabilities, concerns have been raised about the necessity of such a change. Critics argue that the bill may not adequately address the root challenges faced by individuals in maintaining their health benefits while striving for financial growth. Furthermore, discussions regarding the implementation of these provisions could necessitate federal approval, which may complicate the adoption process and raise concerns about regulatory compliance.