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Adult Medicaid Change Notices


G. Miscellaneous Changes

E. Exclusion of Non-Business Income-Producing Property While the Recipient Attempts to Sell


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CHANGE NOTICE FOR MANUAL, NO. 15-03, Countable Resources and Transfers of Resources

DATE: 11/15/2002

Manual: Aged, Blind, and Disabled Medicaid

Change No.: 15-03

To: County Directors of Social Services

Effective: December 1, 2002

I. OvervieW

The statement must be accepted even if the doctor does not expect the a/r to ever return home. If the a/r cannot give a statement of intent, his representative may do so. The representative may be his guardian, power of attorney, spouse, or Medicaid representative (MA-2301, Conducting a Face-to-Face Interview, II.B).

II. DESCRIPTION OF CHANGES

2. Transfers of Income-Producing Property
2. This exclusion is separate and apart from the $6,000 exclusion of non-business income-producing property that produces a net annual income of at least 6% of its equity.

G. Miscellaneous Changes

III. Effective Date

IV. IMPLEMENTATION OF TRANSFER OF TENANCY-IN-COMMON INTEREST IN REAL PROPERTY.

V. IMPLEMENTATION OF CHANGES IN THE HOMESITE EXCLUSION

VI. IMPLEMENTATION OF POLICY CHANGES FOR INCOME-PRODUCING PROPERTY AND FOR PROPERTY PRODUCING GOODS AND SERVICES FOR HOME CONSUMPTION FOR APPLICATIONS

VII. IMPLEMENTATION OF POLICY CHANGES FOR INCOME-PRODUCING PROPERTY AND FOR PROPERTY PRODUCING GOODS AND SERVICES FOR HOME CONSUMPTION FOR ONGOING CASES

2. If a notice is returned to you by the Post Office,
b. Subtract $6,000 from the equity based on the current market value (tax value).
a. He may transfer the property to individuals listed in MA-2240, Transfer of Resources, VI. or to a trust for persons listed in MA-2240, VII.

E. Exclusion of Non-Business Income-Producing Property While the Recipient Attempts to Sell

3. If acceptable proof of the attempt to sell is received prior to the end of the timely notice period, exclude the property until it is sold or the end of the 6-month period, whichever is earlier, unless it becomes excludable on another basis within the six-month period.
c. The expenses he incurred in selling the resource. This could be the cost of advertising, agent’s commission, attorney’s fees, etc.
1. If the failure to identify the case in the review is county error (ownership of non-business income-producing producing property was known to the agency), when the error is discovered, follow instructions in VIII.C. – F., including allowing 6 months to sell the property.

VIII. Report impact of implementation of changes in non-business income-producing property and property used to provide goods and services for Home consumption

XI. MAINTENANCE OF MANUAL INSTRUCTIONS:

If you have any questions, please contact your Medicaid Program Representative.

[This material was researched and written by Andy Wilson, Supervisor, Medicaid Eligibility Policy Unit.]

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