Trusted Non-Profit
Designated VA Fiduciary & Social Security benefit administrator.
Qualify for Medicaid Benefits
with a BalancedCare Pooled Trust
A pooled trust allows you to use more of your excess monthly income to stay in your own home and pay for many qualifying personal expenses, like rent, gas and electric, car payment, internet, cell phone, cable, insurance, and more with your excess income, and still qualify for your Medicaid benefits.
Use a pooled trust to avoid a costly spenddown. Calculate Your Savings Here
We make it easy! When working with BalancedCare, a trusted non-profit agency, you'll find:
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- All Inclusive Pricing - No Hidden Fees
- Low Monthly Payment
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- Personalized, Live Support
- Easy Account Setup and Access
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Listen To Our Counselor
Discuss A Pooled Trust
When applying for Community Medicaid with a spenddown amount, let Medicaid know you will be enrolling in a pooled income trust. Medicaid will need to certify your disability by using your SSDI determination or sending a referral to the State for a disability determination. Once approved you can start funding your trust with your excess monthly income also known as your spenddown amount which Medicaid will determine.
How Does a Pooled Trust Work?
A New York State approved trust allows you to set aside your excess or surplus of monthly income to use for your own personal needs, instead of sending it back to your local Medicaid office
A Community Pooled Trust can be used to pay additional qualified expenses, while allowing you to remain in your home. With your Pooled Trust, you will continue to meet your eligibility requirements for Medicaid and other Public Benefits.
See Your Savings! Try our Calculator
We created a simple two-step calculator for you to find out the amount of income you can preserve using a pooled trust. Simply enter your estimated income and expenses so you can see how much income you can save monthly. Our calculator uses the new updated spend down limits.
These calculations are estimates, using the allowable Medicaid income limit of $1,800
which is subject to change yearly. Please call and speak to a BalancedCare representative to learn more about the
program, answer any of your questions or help you get started.
Your estimated excess income (spenddown) is:
$0.00
Spenddown can be used for
qualified expenses including:
qualified expenses including:
Rent
Gas and Electric
Car Payment
Insurance
Cell Phone
Cable
Internet
And More…
I'm ready to get started!
If you showed excess income above, would you rather let the County keep it or use it for your expenses through a Community Pooled Trust?
Why Choose BalancedCare for a Pooled Trust?
Exceptional Support
Our staff offers knowledgeable, compassionate customer service.
Simple to get started
Our staff will help you through the entire application process.
Low Maintenance Fees
As a non-profit agency, we maintain some of the lowest industry fees.
No Minimum Balance
You do not need to carry excess money to keep an active account.
24/7 Client Portal Access
View your account activity anytime, to review payments, deposits, etc.
Automatic Bill Paying
All applicable bills will be setup to be paid automatically, on time.
Automated Deposits
We setup direct deposits to your account, from your account.
Pooled Trust Completion
BalancedCare will submit your pooled trust packet to Medicaid
Need help with Medicaid?
Our certified counselors can help you understand what's required to qualify for Medicaid benefits and how a Pooled Trust can help you live in your own home and keep your excess income. If you want to try and submit an application on your own, click here for the forms you'll need. If not, our counselors can put you in contact with a non-profit agency in your area that can help you submit your Medicaid application.
Contact Us
Interested in learning more about BalancedCare Pooled Trusts or to Get Started? Call 585-360-1854 or use the form below.