INCREASE LIFE INSURANCE EXEMPTION FOR MEDICAID ELIGIBILITY
House Bill 4815
Sponsor: Rep. Barb Vander Veen
House Bill 4816
Sponsor: Rep. Doug Hart
House Bill 4817
Sponsor: Rep. Michael Switalski
Committee: Health Policy
Complete to 9-5-01
A SUMMARY OF HOUSE BILLS 4815 TO 4817 AS INTRODUCED 5-24-01
In order to be eligible for Medicaid, a person must meet certain standards described in the Social Welfare Act (MCL 400.106). The person must be eligible to receive Family Independence Agency (FIA) program benefits or Supplemental Security Income (SSI), under Title XVI of the federal Social Security Act, or state supplementation under Title XVI. The person must also meet certain asset standards. However, up to $1,000 of life insurance is excluded from these restrictions. House Bills 4815-4817 would amend the Social Welfare Act (MCL 400.106, 400.106a, and 400.106b) to increase this exemption to $10,000, and to delete archaic language and make technical amendments to the act. The bills are tie-barred so that none of the bills would become law unless all were enacted.
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This analysis was prepared by nonpartisan House staff for use by House members in their deliberations, and does not constitute an official statement of legislative intent.