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News

ARTICLE

Date ArticleType
6/29/2017 Member Questions and Answers

Financial Responsibility when Individuals/Guardians Manage Individual's Funds

 
QUESTION: Do any providers require a sign-off of financial responsibility for services provided when individuals manage their own money or guardians desire to maintain rep-payee status? For example, a statement acknowledging that the customer/guardian understands that if the customer/guardian does something to compromise his/her Medicaid eligibility while in services, that the customer/guardian is personally liable for the cost of services. 
 

We stopped don’t out of company payees, we found no matter what you have in writing, you would have to legally go after funds.
We have a personal funds management agreement in which we clearly ask the individual and/or guardian how they wish their funds to be managed and our responsibility based on the option they choose.

 
This information is a compilation of suggestions, ideas, and opinions shared by INARF Members in response to the featured question. This information should not be considered official interpretation or guidance of State or Federal Policy. Additionally, statements within this document do not necessarily reflect an official position or opinion of INARF.

 

 

© Indiana Association of Rehabilitation Facilities, Inc. (INARF)
    615 North Alabama Street, Suite 410, Indianapolis, IN 46204
    (t) 317-634-4957 / We'd like to hear from you! 
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  • About Us
    • About Us
    • Staff
    • Board of Directors
    • Awards & Recognition
  • Membership
    • Member Login
    • Membership >
      • Associate Member Directory
      • Organizational Member Directory
    • Member Benefits & Inquiries
    • Corporate Committees
  • Events & Trainings
    • INARF Event Calendar
    • INARF 2025 Upcoming Events
    • INARF 2024 Annual Conference >
      • Annual Awards >
        • Annual Awards Nominees
    • INARF Leadership Academy
    • INARF Conference for DSPs
    • INARF Training Opportunities
    • INARF Nursing Resources
    • Submit a Presentation
    • We'd Like to Hear From You!
  • Resources
    • Job Board
    • Technical Assistance >
      • Compliance
      • Waiver Services
      • ICF/MR – Group Homes
      • Electronic Visit Verification
      • Vocational Rehabilitation
  • Government Affairs
    • INARF PAC
    • Government Affairs
    • Statehouse News