|SB 0357||Long-term care ins. income counted in medicaid eligibility|
|Last Action:||07/12/95 - Signed by Governor|
|Effective Date:||August 28, 1995|
SCS/SB 357 - This act permits the Department of Social Services to coordinate a program known as the Missouri Partnership for Long-term Care. The Missouri Partnership for Long-term Care Program would create the opportunity for an individual to purchase a precertified long-term care insurance policy.
The Department of Social Services would not be able to consider the value of the long-term care insurance benefit proceeds as part of the individual's assets at the time such individual applied for Medicaid eligibility, which is determined by individual or joint income, nor would the actual value of the long-term care insurance benefit proceeds be considered when determining the amount of Medicaid benefits to be paid or as part of the individual's assets at the time the Department of Social Services or any other governmental agency attempts recovery of payments for medical services.
Interest created by the long-term insurance policy could be considered by the Department in the determination of Medicaid eligibility, the amount of Medicaid payment and in any subsequent recovery attempts of payments for medical services.
When a person who had been receiving public assistance dies, the state may file a claim against the estate of the decedent for the total amount of state funds paid to the decedent or expended upon the decedent's behalf in the form of Medicaid or other public assistance payments. Proof of such payments will include the computerized records maintained by a governmental agency of a request for the payment for services rendered to the recipient or a certified statement of the Treasurer or the Treasurer's designee that payment was made.
See Truly Agreed To CCS/HB 409.