MEDICAL ASSISTANCE PROGRAM SECTION 0382 EVALUATION OF RESOURCES
210-6740 INACTIVE RULE EMERGENCY RULE
| Title | 210 | Executive Office of Health and Human Services |
| Chapter | XXX | Old Regulations Which Were Not Assigned Chapter-Subchap-Part |
| Subchapter | XX | Old Regulations Which Were Not Assigned Chapter-Subchap-Part |
| Part | 6740 | MEDICAL ASSISTANCE PROGRAM SECTION 0382 EVALUATION OF RESOURCES |
| Type of Filing | Amendment |
| Regulation Status | Inactive |
| Effective | 01/01/2012 to 03/15/2012 |
Regulation Authority:
RIGL 40-8; TITLE XIX OF THE SOCIAL SECURITY ACT
Purpose and Reason:
Effective January 1, 2012, the amount of allowable home equity interest has been increased for individuals seeking eligibility for Medical Assistance nursing facility services or other long-term care services from $500,000 to $525,000. In addition, the amount of the equity value of the life estate of an institutionalized individual that can be considered an excluded resource has increased from $500,000 to $525,000. This rule is being filed under the Executive Office of Health and Human Services as RIGL 42-7.2-2(b) provides EOHHS as the authority of the single State agency designated to administer and supervise the administration of the Medicaid program under Title XIX of the Social Security Act.
Brief statement of Reason for Finding Imminent Peril:
To avoid the wrongful denial/discontinuance of benefits to applicants/beneficiaries.
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