If you receive Medicaid benefits or other federal need-based financial assistance and sustain injuries in an accident, you should not hesitate to pursue a claim for the compensation you deserve. An experienced Grand Junction Medicaid lawyer can protect your rights throughout the process. Receiving Medicaid benefits does not prevent you from filing a claim against the party responsible for your injuries.
Pursuing that claim lets you seek compensation for all your damages—not just medical treatment. With proper legal guidance, you can use specific strategies to protect your assets and keep them from affecting your eligibility for benefits.
Contact our talented personal injury attorneys today for a free consultation.
Offices in Grand Junction, Telluride, Montrose, Glenwood Springs & Aspen
Veritas Injury Lawyers is recognized as one of the pre-eminent personal injury litigation firms serving clients in communities along the Front Range and Western Slope and in mountain resort areas across Colorado.
Why Consider Setting up a Self-Settled Special-Needs Trust?
In 1993, Congress passed a law allowing injured people to set up self-settled special-needs trusts with the compensation they receive for their injuries. Under this law, Medicaid does not count money in these trusts as income or assets when determining eligibility.
Additionally, these trusts cannot use funds to reimburse the government for medical treatment covered by the federal Medicare or Department of Veterans Affairs benefits program.