Medical Assistance Program--Section 0382--Evaluation of Resources

218-3945 INACTIVE RULE

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Title 218 Department of 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 3945 Medical Assistance Program--Section 0382--Evaluation of Resources
Type of Filing Amendment
Regulation Status Inactive
Effective 06/29/2006 to 01/18/2008

Regulation Authority:

RIGL 40-8; Title XIX of the Social Security Act; Federal Deficit Reduction Act of 2005

Purpose and Reason:

Effective 2/8/2006, to comply with the federal Deficit Reduction Act of 2005, changes to Long Term Care Assistance are: a maximum home equity exclusion cap of $500,000; annuities must have the State as a remainder beneficiary up to the amount of Medicaid paid on behalf of the recipient; life estate purchases of another's home require that the individual have lived in the home for (1) year; notes & loans are examined more closely under the resource test.

Rulemaking Documents are organized by document type and are part of this rule’s rulemaking record (R.I. Gen. Laws § 42-35-2.3). If multiple documents of the same type are listed below, each is a unique document. If there are multiple Public Notice of Proposed Rulemaking documents, view each document to identify the most recently amended version, as it may be amended at any point during the Public Comment Period.