Senate Bill 252 introduces new provisions regarding independence accounts under the Medical Assistance program 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 under the Medical Assistance purchase plan.
The bill also includes a provision that requires DHS to seek federal approval if necessary to implement these changes. This ensures that the department will take the necessary steps to comply with federal regulations while implementing the new rules regarding independence accounts. Overall, the bill aims to enhance the financial independence of individuals with disabilities who are working or wish to work while maintaining their eligibility for essential health services.