MEDICAL ASSISTANCE PROGRAM- SECTION 0382- EVALUATION OF RESOURCES


210-6740 INACTIVE RULE

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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 02/27/2013 to 06/19/2013

Regulation Authority:

RIGL 40-8; TITLE XIX OF THE SOCIAL SECURITY ACT

Purpose and Reason:

The Medical Assistance rules are amended to reflect the following: 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 $525,000 to $536,000. In addition, the amount of equity value of the life estate of an institutionalized individual that can be considered an excluded resource has increased from $525,000 to $536,000.