Topic: resource eligibility
Information regarding applications for medical related to DDS services
There has been a policy INTERPRETATION change as to the amount that can be in the Irrevocable Burial Contract
How to determine eligibility for an Eligible Individual with an Ineligible Spouse then code FACS.
What is AVS? The Asset Verification System is a web portal built for DHS by Public Consulting Group (PCG), (and funded by Oklahoma Health Care Authority) to facilitate the expedited exchange of financial account information with the local, regional and national financial institution community. Section 1940 of the Social Security Act indicates that all states […]
Effective 10/01/2015 with implementation of SSI Criteria; verification of resources is not required if applicant is a SSI recipient, unless resources are new or questionable. Money on hand or in a savings account is considered as a countable resource. Verification of resources held in bank accounts or other financial institutions may be established through an […]
THERE IS NO RESOURCE STANDARD TEST The following apply: 60 month look-back period on all assets Penalty for transfer of assets Rules on annuities, promissory notes, life estates and trusts are the same as for ABD related NOT subject to Medicaid lien on home property Subject to Medicaid Estate Recovery if age 55 older when […]
The resource standard for an individual is as shown on Appendix C-1 , Schedule VIII.D If applicant has a spouse, refer to article LTC: Spousal Impoverishment. Exempt Resources: Home Property (under certain circumstances) refer to article LTC: Home Property Overview. One Automobile, if it is used for transportation of the individual or member of the […]
The resource standard for an individual is as shown on Appendix C-1, Schedule VIII.D If applicant has a spouse, see article entitled “Spousal Impoverishment” Exempt Resources: Home Property (as long as client continues to reside there and has equity interest less than the maximum home equity standard as shown on Appendix C-1, Schedule VIII.D.2) One […]
Answers to frequently asked questions concerning ABD applicant’s income, resources, irrevocable prepaid burial policies, household composition, and other topics.