Senate Bill 252 introduces new provisions regarding independence accounts under the Medical Assistance purchase plan in Wisconsin. The bill mandates that the Department of Health Services (DHS) allow individuals to deposit up to $15,000 of their gross earnings into an independence account within a 12-month period. Additionally, it stipulates that assets acquired by inheritance will not be considered when determining an individual's financial eligibility for Medical Assistance benefits, thereby potentially increasing access to these benefits for individuals with disabilities who are working or wish to work.
The bill also includes a provision requiring DHS to seek federal approval if necessary to implement these changes, ensuring compliance with federal Medicaid laws. This legislative change aims to enhance the financial independence of individuals with disabilities while maintaining their eligibility for essential health services provided through the Medical Assistance program.