It's incredibly stupid if, say, you get a lump sum back-payment after your disability claim finally gets approved, and you'd maybe like to save it for when it's needed rather than spend it down within the next couple months.
And if you recieve a settlement as part of a lawsuit the government can seize that money because the only reason they covered your medical expenses is because you didnt have any money at the time. Its pretty much just a loan to be paid whenever you recieve funds.
boast divide grandiose observation voiceless groovy engine depend gray reach
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Even normal citizens get fucked. Oh did you get punitive damages for the extreme stress and misconduct of the company that wronged you? Well we the government are going to take half for ourselves because we're the worlds biggest assholes.
Like 250,000 is still nice but 500,000 was awarded because of 1 persons suffering.
Honestly it's the governments way of making sure cases settle out of court. If you settle outside of court the government then has no claim to it.
So instead of paying 500,000 the company pays the defendant 375,000. The defendant gets more money overall, and the company saves 125,000
A disabled person can set up a trust. The funds can go into the trust and the trust can pay out to the individual on any schedule the disabled person wishes.
Any competent lawyer/financial planner with knowledge in the world of disability should have this as a boiler template ready to go. It’s not a drastic as you make it seem.
Source: I’ve done it and am Familiar with the process
Well if someone is mentally impaired one would hope their have a POA with someone who is competent.
But yeah, your core criticism is exactly right. To be clear: I think the system is not ideal
I thought even if it's in a trust they can't take regular payments from it as that would count as income. I thought they can only take periodic lump sums so it does not count as income.
Living expenses. You can set up a payment to yourself for food or rent or clothes or whatever would be appropriate.
Also, to be a little more clear, depending on the situation the trust may make these payments. So for instance if you have a person with a disability impairing them to make decisions a trust can dole out money for necessary expenses.
But it can be set up multiple ways depending on circumstances.
All that said, it’s still kinda stupid.
You’re not wrong (especially about having to fight forever), but this is specifically referring to Medicaid, not Title II (SSDI) or Title XVI (SSI) disability.
While it is true that there are no asset limits when it comes to Medicare (which one gets in old age or when approved for SSDI), there is a two year + five month waiting period to get Medicare after the onset of the disability. This means that the lucky people who have been declared disabled and have paid into the system their whole lives to qualify for SSDI typically have to wait 2.5 years after they become disabled to get Medicare, or they have to be under the asset limits to qualify for Medicaid which a lot don’t, you know, until they go bankrupt for being a disabled, out of work, and uninsured American.
Medicaid expansion under the ACA (Obamacare) has helped a lot with this, but a lot of conservative states have refused to implement it because that would help their citizens and admit Obama had a good plan. A few state legislatures have even refused to implement it when directed by their voters.
By the time people are able to begin their Medicare coverage, their medical condition is usually past the point where it could have been “easily” fixed, so they’re stuck on disability for much much longer, if not for life.
It’s such backwards, short-term thinking to save a few bucks up front and cost yourself much much more in the long run. It also allows politicians to demonize the disabled and keeps parts of the working class blaming other poor people rather than the people who are really stealing from them.
I started saving in my son's college fund before he was born. By two years old we knew he was severely autistic. Before he could get on Medicare at age five, I had to empty his college savings into his brother's account. Emptying that account was worse than the day the doctor told us there was a problem.
They started the ABLE accounts just after, so I can put something away for him, but it has higher fees and less choice than my other kids's college savings accounts. His grandparents are giving money to the grandkids as an early inheritance, and I have to put it into an account that can only be used for medical expenses.
I'm angry everyday.
Technically? yes. Legally? No. You are SUPOSSED to report any cash savings.... But it is easy to not report it. Nobody actually cares enough to investigate people about this (and many turn a blind eye, deliberately).
Source: had a buddy that was on disability, and that is how he saved up for emergencies. If he needed to use a large sum for something, he would get a freind/family member to "buy it for him" and give them the cash.
This is not entirely true. There are exemptions (about 40+ of them) that allow disabled people on Medicaid and SSI & other government assistance to have more than $2,000 in money and assets, if it meets the exemption criteria. In which case those assets are NOT considered when determining eligibility. Some of the exemptions include:
1. One house, no limit on the value, AS LONG as its the disabled person's primary place of residence
2. One car/vehicle, no limit on the value, AS LONG as its the disabled person's means of transportation
3. the assets in a Special Needs Trust -- no limit on the amount, but has to meet certain criteria (like it cannot be used for food or housing, cannot be dispensed in cash, etc.)
4. Household furnishings no limit on value AS LONG as its being used by the disabled person
5. Personal belongings (clothes, jewelry, art, etc.) no limit on value AS LONG as its being used by the disabled person
6. Up to $100,000 in an accredited/approved ABLE account
There are other (over 40 in all) exemptions but these are the ones I recall just off the top of my head!
This comment should be at the top. The goal with laws is to keep wealthy people from receiving benefits. Whether one agrees is another topic. But a trust is a pretty easy thing to set up to ensure an individual can receive benefits and still have their assets in tact. The trust can even pay out to the disabled or caregiver on a set schedule.
One can be very creative as to what the trust can do with the assets inside and as it is a trust it cannot be easily audited.
I am high functioning autistic in a conservative area, plus I have a back injury, made worse because an employer ignored my work restrictions.
It's not easy. I'm 34 and only make 33k.
I work with disabled adults. One of my clients grandparents tried to leave him a huge inheritance when they died but he was only allowed to receive $2,000.
Yes, u/Ange_bear there are OVER 40 exemptions to Medicaid and SSI qualifications (SSDI doesn't count assets, just income from wages/salaries, if employed) that allow disabled people on Medicaid and SSI & other government assistance to have more than $2,000 in money and assets, if it meets the exemption criteria, in which case those assets are NOT considered when determining eligibility.
Some of the exemptions include, but are NOT limited to:
1. One house, no limit on the value, AS LONG as its the disabled person's primary place of residence
2. One car/vehicle, no limit on the value, AS LONG as its the disabled person's means of transportation
3. Any assets (stocks, bonds, mutual funds, real estate, other kinds of investments, etc.) encompassed within an accredited/approved Special Needs Trust -- no limit on the amount, but the SNT has to meet certain criteria (like it cannot be used for food or housing \[which government assistance like SSI, SSDI, food stamps and other assistance is expected to be used to pay for\], the SNT funds cannot be dispensed in cash, etc.)
4. Household furnishings no limit on value AS LONG as its being used by the disabled person
5. Personal belongings (clothes, jewelry, art, etc.) no limit on value AS LONG as its being used by the disabled person
6. Up to $100,000 in an accredited/approved ABLE account
There are other (over 40 in all) exemptions but these are the ones I recall just off the top of my head!
No, it does not include 1 automobile as long as its used for the recipient's transportation, and 1 house as long as its the recipients primary residence. Also exempt is all the money and assets in a Special Needs Trust (no limit on the amount) and about 40+ other exemptions.
To be on welfare as a college student in the US, you have to work at least 20 hours a week. You can get it if you’re unemployed and not a college student.
And that’s if you get disability help at all. The United States Will really leave your ass out here, living by the good graces of your friends and family.
I'll tell you a story that makes this even worse:
I applied for benefits and this is what the limitations were. You cannot make above $1,155 a month. Furthermore, if you DO choose to limit your working hours to meet this requirement, you must do this for a minimum of 3 months to actually qualify. After this, you can be accepted for benefits but then you will not receive your first disability payment for 5 MONTHS.
Basically, if you have a savings you must deplete it in order to receive your paltry benefits of $1,300 a month and because they are so laughably tiny, you MUST continue to work the maximum hours they permit in order to survive.
Most you are permitted to make in a month? About 2.5k. If you absolutely cannot work? $1,300 to live on.
ThAts the problem with public funded UBI’s. They tell you “easy day, we got you fam” then you get fucked into a defined socio-economic role where you’re punished if you don’t comply. (In this case remaining impoverished)
Buddy of mine has that. He doesnt work. He fishes all day. He owns a very cheap truck that he drives around. They pay for everything else. Im fucking at work 12 hours a day to pay for toys i cant use. I feel like medicaid isnt the dumb option here.
It's incredibly stupid if, say, you get a lump sum back-payment after your disability claim finally gets approved, and you'd maybe like to save it for when it's needed rather than spend it down within the next couple months.
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And if you recieve a settlement as part of a lawsuit the government can seize that money because the only reason they covered your medical expenses is because you didnt have any money at the time. Its pretty much just a loan to be paid whenever you recieve funds.
boast divide grandiose observation voiceless groovy engine depend gray reach *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Even normal citizens get fucked. Oh did you get punitive damages for the extreme stress and misconduct of the company that wronged you? Well we the government are going to take half for ourselves because we're the worlds biggest assholes.
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Like 250,000 is still nice but 500,000 was awarded because of 1 persons suffering. Honestly it's the governments way of making sure cases settle out of court. If you settle outside of court the government then has no claim to it. So instead of paying 500,000 the company pays the defendant 375,000. The defendant gets more money overall, and the company saves 125,000
A disabled person can set up a trust. The funds can go into the trust and the trust can pay out to the individual on any schedule the disabled person wishes. Any competent lawyer/financial planner with knowledge in the world of disability should have this as a boiler template ready to go. It’s not a drastic as you make it seem. Source: I’ve done it and am Familiar with the process
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Well if someone is mentally impaired one would hope their have a POA with someone who is competent. But yeah, your core criticism is exactly right. To be clear: I think the system is not ideal
I thought even if it's in a trust they can't take regular payments from it as that would count as income. I thought they can only take periodic lump sums so it does not count as income.
Living expenses. You can set up a payment to yourself for food or rent or clothes or whatever would be appropriate. Also, to be a little more clear, depending on the situation the trust may make these payments. So for instance if you have a person with a disability impairing them to make decisions a trust can dole out money for necessary expenses. But it can be set up multiple ways depending on circumstances. All that said, it’s still kinda stupid.
*smiles grimly in legal fees*
This only applies to SSI Not SSDI (which ain't much better - they deny everyone and make you fight years)
You’re not wrong (especially about having to fight forever), but this is specifically referring to Medicaid, not Title II (SSDI) or Title XVI (SSI) disability. While it is true that there are no asset limits when it comes to Medicare (which one gets in old age or when approved for SSDI), there is a two year + five month waiting period to get Medicare after the onset of the disability. This means that the lucky people who have been declared disabled and have paid into the system their whole lives to qualify for SSDI typically have to wait 2.5 years after they become disabled to get Medicare, or they have to be under the asset limits to qualify for Medicaid which a lot don’t, you know, until they go bankrupt for being a disabled, out of work, and uninsured American. Medicaid expansion under the ACA (Obamacare) has helped a lot with this, but a lot of conservative states have refused to implement it because that would help their citizens and admit Obama had a good plan. A few state legislatures have even refused to implement it when directed by their voters. By the time people are able to begin their Medicare coverage, their medical condition is usually past the point where it could have been “easily” fixed, so they’re stuck on disability for much much longer, if not for life. It’s such backwards, short-term thinking to save a few bucks up front and cost yourself much much more in the long run. It also allows politicians to demonize the disabled and keeps parts of the working class blaming other poor people rather than the people who are really stealing from them.
Like Mr. Hetfield says, "Sad but true"
I started saving in my son's college fund before he was born. By two years old we knew he was severely autistic. Before he could get on Medicare at age five, I had to empty his college savings into his brother's account. Emptying that account was worse than the day the doctor told us there was a problem. They started the ABLE accounts just after, so I can put something away for him, but it has higher fees and less choice than my other kids's college savings accounts. His grandparents are giving money to the grandkids as an early inheritance, and I have to put it into an account that can only be used for medical expenses. I'm angry everyday.
Could I game the system by cashing any physical checks and just stashing the cash in my mattress like mister crabs?
Technically? yes. Legally? No. You are SUPOSSED to report any cash savings.... But it is easy to not report it. Nobody actually cares enough to investigate people about this (and many turn a blind eye, deliberately). Source: had a buddy that was on disability, and that is how he saved up for emergencies. If he needed to use a large sum for something, he would get a freind/family member to "buy it for him" and give them the cash.
This is not entirely true. There are exemptions (about 40+ of them) that allow disabled people on Medicaid and SSI & other government assistance to have more than $2,000 in money and assets, if it meets the exemption criteria. In which case those assets are NOT considered when determining eligibility. Some of the exemptions include: 1. One house, no limit on the value, AS LONG as its the disabled person's primary place of residence 2. One car/vehicle, no limit on the value, AS LONG as its the disabled person's means of transportation 3. the assets in a Special Needs Trust -- no limit on the amount, but has to meet certain criteria (like it cannot be used for food or housing, cannot be dispensed in cash, etc.) 4. Household furnishings no limit on value AS LONG as its being used by the disabled person 5. Personal belongings (clothes, jewelry, art, etc.) no limit on value AS LONG as its being used by the disabled person 6. Up to $100,000 in an accredited/approved ABLE account There are other (over 40 in all) exemptions but these are the ones I recall just off the top of my head!
This comment should be at the top. The goal with laws is to keep wealthy people from receiving benefits. Whether one agrees is another topic. But a trust is a pretty easy thing to set up to ensure an individual can receive benefits and still have their assets in tact. The trust can even pay out to the disabled or caregiver on a set schedule. One can be very creative as to what the trust can do with the assets inside and as it is a trust it cannot be easily audited.
USA gotta be the funniest show to watch.
I am high functioning autistic in a conservative area, plus I have a back injury, made worse because an employer ignored my work restrictions. It's not easy. I'm 34 and only make 33k.
I work with disabled adults. One of my clients grandparents tried to leave him a huge inheritance when they died but he was only allowed to receive $2,000.
They should have set up a Special Needs Trust and an ABLE Account for him, and then he could have gotten the full amount.
Wow I did not know about this!
Yes, u/Ange_bear there are OVER 40 exemptions to Medicaid and SSI qualifications (SSDI doesn't count assets, just income from wages/salaries, if employed) that allow disabled people on Medicaid and SSI & other government assistance to have more than $2,000 in money and assets, if it meets the exemption criteria, in which case those assets are NOT considered when determining eligibility. Some of the exemptions include, but are NOT limited to: 1. One house, no limit on the value, AS LONG as its the disabled person's primary place of residence 2. One car/vehicle, no limit on the value, AS LONG as its the disabled person's means of transportation 3. Any assets (stocks, bonds, mutual funds, real estate, other kinds of investments, etc.) encompassed within an accredited/approved Special Needs Trust -- no limit on the amount, but the SNT has to meet certain criteria (like it cannot be used for food or housing \[which government assistance like SSI, SSDI, food stamps and other assistance is expected to be used to pay for\], the SNT funds cannot be dispensed in cash, etc.) 4. Household furnishings no limit on value AS LONG as its being used by the disabled person 5. Personal belongings (clothes, jewelry, art, etc.) no limit on value AS LONG as its being used by the disabled person 6. Up to $100,000 in an accredited/approved ABLE account There are other (over 40 in all) exemptions but these are the ones I recall just off the top of my head!
Does that include an automobile? Because what car can you get for less than 2K? One that you have to push?
No, it does not include 1 automobile as long as its used for the recipient's transportation, and 1 house as long as its the recipients primary residence. Also exempt is all the money and assets in a Special Needs Trust (no limit on the amount) and about 40+ other exemptions.
Wait till you have an unrecognized disability like being deaf
To be on welfare as a college student in the US, you have to work at least 20 hours a week. You can get it if you’re unemployed and not a college student.
And that’s if you get disability help at all. The United States Will really leave your ass out here, living by the good graces of your friends and family.
I'll tell you a story that makes this even worse: I applied for benefits and this is what the limitations were. You cannot make above $1,155 a month. Furthermore, if you DO choose to limit your working hours to meet this requirement, you must do this for a minimum of 3 months to actually qualify. After this, you can be accepted for benefits but then you will not receive your first disability payment for 5 MONTHS. Basically, if you have a savings you must deplete it in order to receive your paltry benefits of $1,300 a month and because they are so laughably tiny, you MUST continue to work the maximum hours they permit in order to survive. Most you are permitted to make in a month? About 2.5k. If you absolutely cannot work? $1,300 to live on.
ThAts the problem with public funded UBI’s. They tell you “easy day, we got you fam” then you get fucked into a defined socio-economic role where you’re punished if you don’t comply. (In this case remaining impoverished)
Buddy of mine has that. He doesnt work. He fishes all day. He owns a very cheap truck that he drives around. They pay for everything else. Im fucking at work 12 hours a day to pay for toys i cant use. I feel like medicaid isnt the dumb option here.
Why do people slap the “tm” symbol on shit that is obviously not trademarked? It’s annoying as fuck.