Asset disregard definition
Asset disregard means, with regard to the state’s Medicaid program, disregarding assets in an amount equal to the insurance benefit payments that are made to or on behalf of an individual who is a beneficiary under a qualified long-term care partnership policy.
Asset disregard means, with regard to the state's medical assistance program, disregarding any assets or resources in an amount equal to the insurance benefit payments that are made to or on behalf of an individual who is a beneficiary under a qualified long-term care insurance partnership policy.
Asset disregard means a $1 increase in the amount of assets an individual who purchases a certified long-term care policy may retain, upon qualification for Medicaid, for each $1 of benefit paid out under the individual’s certified long-term care policy for Medicaid-eligible long-term care services in determining eligibility for the Medicaid program.
Examples of Asset disregard in a sentence
Asset disregard is estimated to affect about 33 persons per year.
More Definitions of Asset disregard
Asset disregard means, with respect to qualification for state Medicaid benefits, the disregard of any assets or resources in an amount equal to the insurance benefit payments that are made to or on behalf of an individual who is a beneficiary under a qualified long-term care insurance partnership policy;
Asset disregard means, with regard to the state’s
Asset disregard means the disregard of a portion of certain
Asset disregard means a $1 increase in the amount of assets an individual who purchases a qualified an approved long-term care policy may retain, upon qualification for Medicaid, for each $1 of benefit paid out under the individu al’s qualified approved long-term care policy for Medicaid- eligible long-term care services in determining eligibility for the Medicaid program.
Asset disregard means the total equity value of
Asset disregard means the total assets an individual owns and may retain upon application for the state Medicaid program and still qualify for benefits if the individual: