7 AAC 100.608 - Medicaid reimbursement from a recognized Medicaid trust
(a) If a recognized
Medicaid trust terminates by death of the recipient or by court order, a
recognized Medicaid trust may pay for any outstanding legal and administrative
fees associated with establishing and maintaining the trust and trust account
before paying the state under (b) of this section.
(b) A recognized Medicaid trust document must
provide that upon termination of the trust by death of the recipient, any money
remaining in the trust must be paid to the state, up to the amount the state
paid in Medicaid benefits for the recipient while the trust existed. If a
recipient has received Medicaid in more than one state, the trust document must
provide that the money remaining in the trust be distributed to each state in
which the recipient received Medicaid based on the state's proportionate share
of the total amount of Medicaid benefits paid by all of the states on the
recipient's behalf.
(c) If a court
terminates a trust before the death of the recipient, the state must be
reimbursed according to (b) of this section, or the corpus of the trust must be
placed in another recognized Medicaid trust approved by the department. Once a
court terminates a recognized Medicaid trust, the trust may not be used
again.
(d) A trustee may make
advance payments on the trust obligation to reimburse the state. The department
will credit each advance payment against the recipient's obligation under (b)
of this section.
Notes
Authority:AS 47.05.010
AS 47.07.020
AS 47.07.040
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.