Benefits Equals Dollars: Using a Pooled Trust to Reduce Healthcare Costs 

This presentation will help attendees understand why Medicare alone doesn’t always provide enough coverage and what happens to people who fall into the Medicare coverage gap / donut hole, while providing an in-depth look at various government benefit programs, such as Medically Needy Share of Cost, Low-Income Subsidy and Medicaid’s Medicare Savings Programs (MSPs), which can help individuals in the coverage gap. Further exploration will be held on the Qualified Medicare Beneficiary (QMB) program, a specific MSP that reduces medication and copay expenses for people already on Medicare. Learn what benefits are provided by QMB and how to qualify for the program when someone is over the financial limits by using a Pooled Special Needs Trust.