Medicaid Code of Administrative Rules, Section #0382, "Evaluation of Resources"
210-6740 INACTIVE 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 | Medicaid Code of Administrative Rules, Section #0382, "Evaluation of Resources" |
Type of Filing | Amendment |
Regulation Status | Inactive |
Effective | 04/29/2015 to 01/02/2019 |
Regulation Authority:
Chapters 40-6 and 40-8 of the Rhode Island General Laws, as amended; Title XIX of the Social Security Act
Purpose and Reason:
In accordance with Rhode Island General Laws (RIGL) Chapter 42-35, EOHHS amended this rule in order to reflect the following: the amount of allowable home equity interest has been increased for individuals seeking eligibility for Medicaid nursing facility services or other long-term care services from $543,000 to $552,000. 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 $543,000 to $552,000.
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