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Friday, February 21, 2014

Long Term Care Related Asset and Income Rules of Individuals for Medicare & Medicaid Services (CMS) under Modified Adjusted Gross Income (MAGI)

Today the Centers for Medicare & Medicaid Services (CMS) issued a guidance letter to states about the application of liens, adjustments and recoveries, transfer-of-asset rules, and post eligibility income rules to individuals who are eligible for Medicaid under Modified Adjusted Gross Income (MAGI) eligibility rules and receive coverage for long-term services and supports. 
For more information, please access the letter online at http://www.medicaid.gov/Federal-Policy-Guidance/Federal-Policy-Guidance.html.

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