Friday, February 28, 2014
CMS has released a new State Medicaid Director Letter regarding Application of Liens, Adjustments and Recoveries, Transfer-of-Asset Rules, and Post-Eligibility Income Rules to MAGI Individuals. Released February 21, 2014, SMDL #14-001, ACA #29, the letter is divided into two parts: "Liens, Adjustments and Recoveries, and Transfers of Assets" and "Post-Eligibility Treatment of Income." The letter:
provides guidance to states on how the long-term services and supports-related rules, including the estate recovery rules ... and federal regulations ... apply to individuals who are eligible for Medicaid under Modified Adjusted Gross Income (MAGI) eligibility rules ("MAGI individuals") and receive coverage for long-term services and supports (LTSS).
This letter is worth reading.