Resident Trust Accounts
You have the right to manage your financial affairs. This includes the right to know, in advance, what charges the facility may impose against your personal funds. If you wish, with written authorization, you may require the facility to hold, safeguard, manage, and account for your funds. CHCC must keep those funds in an account separate from any facility accounts. Any amount must be maintained in an interest-bearing account, except when the account does not exceed certain minimum amounts. Your financial record must be available through quarterly statements and upon request to you or your legal representative. Resident trust account activity is protected by the principle of confidentiality of records.
You may open a trust account by contacting the business office. A Resident Trust Fund Deposit Authorization must be signed and is then filed in your Resident Trust Fund file maintained in the business office. You can go to the receptionist, any day from 8 a.m. to 9 p.m., to withdraw money from your account. All deposits can be made with the receptionist on duty.
You or your representative may authorize ongoing expenses to be paid from the trust account (e.g., newspaper subscriptions and insurance premiums).
If you receive Medicaid benefits, you have a right to be notified when the amount in the account reaches $200 less than the SSI resource limit for one person ($2,000.00). If the amount in the account, in addition to the value of your other non-exempt resources, reaches the SSI limit for one person, you may lose eligibility for Medicaid or SSI.
Upon discharge, eviction, or death, CHCC must convey within 30 days your trust account funds and a final accounting of those funds to the resident, or in the case of death, the state of Washington (if a Medicaid resident) or to the individual or probate jurisdiction administering your estate.