Health First Colorado Trusts

Health First Colorado Trust Unit

Special Notice: Disability Trust Rule Update Information Meeting

Purpose of Meeting: The Department of Health Care Policy and Financing is updating its rule for Disability Trusts.  Beneficiaries of Disability Trusts and Trustees for Disability Trusts are invited to learn more about the rule update and how it will affect them at an informational meeting and webinar.

If you plan to attend, please RSVP to Betsy.Holt@state.co.us
Date: Wednesday, March 18, 2020
Time:  1:30-3:00 p.m.
Location:  303 E. 17th Ave, Denver, Colorado, 7th floor, Conference rooms 7ABC
Live webinar access:   https://cohcpf.adobeconnect.com/rbs0xg9lr0bz/
Telephone access:  1-877-820-7831; Participant Code 977000#
Meeting materials:  Will be posted approximately one week prior to the meeting.

If you are unable to attend the meeting in person or via webinar, the recorded webinar will be posted as soon as we are able.

What Is a Trust?

Any arrangement whereby property is transferred by the settlor with the intention that it be administered by a trustee for the benefit of another (the beneficiary).

Which Trusts Do We Review?

  • Any trust which was established by or which benefits a Health First Colorado (Colorado's Medicaid Program) member or applicant.
  • The applicant or client shall submit trust documents and records to the eligibility site and to the Department.  10 CCR 2505-10, Section 8.100.7.E.7

Basic Question for Any Trust

Can the Health First Colorado member or applicant access the assets in the trust?

  • If he or she can, then the trust is usually a countable resource.If he or she cannot, then the trust is usually not a countable resource for purposes of financial eligibility.

Types of Trusts

The following trusts may be exempt from income or resource requirements for purposes of financial eligibility:

  • Income Trust (10 CCR 2505-10, Section 8.100.7.E.6.a)
  • Disability Trust (10 CCR 2505-10, Section 8.100.7.E.6.b)
  • Pooled Trust (10 CCR 2505-10, Section 8.100.7.E.6.c)

Contact Information

For more information or to submit trusts, records, or documents to the Trust Unit, please contact the Department at:

Email:    Medicaid.trusts@hcpf.state.co.us  

Fax:        303-866-3552

Mailing address:

Attn: Trust Unit

Colorado Department of Health Care Policy & Financing

1570 Grant St.

Denver, CO 80203