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SCS/SB 322 - This act raises the asset limits for MO HealthNet permanent and totally disabled claimants, starting in fiscal year 2016, from no greater than $1,000 for individuals to $2,000 and from under $2,000 for married couples to $4,000. For each fiscal year after 2016 until 2019, those asset limits shall be increased $1,000 and $2,000 respectively so that by fiscal year 2019 the limit for individuals shall be $5,000 and for married couples $10,000. Beginning in fiscal year 2020, these limits shall be modified to reflect any cost-of-living adjustments. Additionally, this act excludes from asset limit calculations medical savings accounts and independent living accounts as defined in the Ticket to Work Health Assurance Program. SARAH HASKINS
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