The Supplemental Needs Pooled Trust assists individuals who have too much monthly income or financial resources to qualify for Medicaid. The money put into this account is not counted against the person when applying for Medicaid and can be used for other supplemental needs above and beyond what is covered by Medicaid. Although the funds are pooled together in the Trust, CDR maintains individual sub-accounts for each member.
CDR’s Pooled Trust is cost-effective! The $20 per month fee to be in CDR’s Pooled Trust is the most cost-effective Medicaid Trust option available to seniors and people with disabilities.
CDR’s Pooled Trust is accurate! Deposits and recurring payments can be set up for regular monthly payment, and every transaction is reviewed by a second staff person to ensure the accuracy of your payment.
CDR’s Pooled Trust processes your transactions quickly! ACH deposits are processed overnight and immediately credited to your account. Checks and money order deposits are deposited and credited to a Trust member’s sub-account on the same day they are received. On average, disbursements are input, verified, printed and mailed within two days after receiving the request. Statistics on the most recent activity is available below under “Performance Statistics”.
CDR’s Pooled Trust provides you with online access to your sub-account! Trust members and/or their designees can access their individual Trust sub-account online. There, you can see current the account balance, deposits, disbursements and pending transactions. This option gives you current information about your account – just like you would have from a bank.
CDR’s Pooled Trust sends you text alerts to keep you informed! Members can sign up for text alerts for account transactions. When selected, members receive a text to inform them that a specific transaction has been processed and the status of that transaction. With text alerts, members or their designee will know right away when a payment is being processed.
Individual Eligibility
The Community Supplemental Pooled Trust is available to all residents of New York State who have been determined disabled by the State of New York and wish to be enrolled in Medicaid but has a monthly income or excessive resources prohibiting them from being eligible for the program. Elder Care Advisors of Long Island will guide you through the process of enrolling with CDR to shelter your loved ones’ income overages and teach you how to utilize the trust to its fullest potential.