Haw. Code R. § 17-1719-12 - Asset requirements

(a) The personal reserve standard is the maximum amount of countable assets that may be held by an individual or household while establishing or maintaining eligibility for medical assistance under this chapter. The personal reserve standards for an individual or two-member household shall be equal to the resource limits employed by the SSI program.

(b) For each household member in households greater than two, $250 shall be added to the SSI personal reserve standard for two and the resultant amount is the personal reserve standard for a household of applicable size.

(c) An individual or household whose equity in non-exempt assets as determined in chapter 17-1725.1 exceeds the personal reserve standard for medical assistance for a household of applicable size shall be ineligible for medical assistance.

(d) An individual who is requesting or receiving coverage of long-term care services must meet the requirements of subchapter 7 of chapter 17-1725.1.

Notes

Haw. Code R. § 17-1719-12

[Eff 09/30/13] (Auth: HRS § 346-14; 42 C.F.R. §§435.3, 435.121, 435.230, 435.330, 435.840, 435.843, 435.845) (Imp: 42 C.F.R. §§435.3, 435.121, 435.230, 435.330, 435.840, 435.843, 435.845) Am and Comp 11/10/2016