DATE: OCTOBER 24, 2008
Manual: Aged, Blind, and Disabled Medicaid
Change No: 22 - 08
To: County Directors of Social Services
Effective: November 1, 2008
Resources are an important factor in determining Medicaid eligibility. Countable resources are compared to a limit established by federal law. An applicant/recipient (a/r) is ineligible for Medicaid if countable resources exceed the resource limit or the “reserve” limit.
Section VIII. Any additions made to a Special Needs Trust or a Pooled Trust after the a/r turns age 65 must be evaluated for a Transfer of Assets.
Policy in II.A.3.e. above, is effective with Pooled Trusts created on or after November 1, 2008. Other policy changes are effective November 1, 2008. Apply these changes to all applications, changes in situations and redeterminations processed on or after November 1, 2008.
If you have any questions regarding this information, please contact your Medicaid Program Representative. For any issues that are not able to be handled through that venue, Mrs. Angela Floyd, Assistant Director for Recipient and Provider Services will be your point of contact and can be reached at (919) 855-4000.
Tara R. Larson, Acting Director
(This material was researched and written by Linda Faulkner, Projects Coordinator, Medicaid Eligibility Unit)
For questions or clarification on any of the policy contained in these manuals, please contact your local county office.