Haw. Code R. § 17-1724.1-34 - Legal settlements, inheritance, insurance settlements, and compensations

(a) Money received to settle any insurance, legal, or inheritance claim, personal injury awards and compensation for pain and suffering shall be considered unearned income, if not excluded under sections 17-1724.1-39 or 17-1724.1-46.

(b) Any expense paid or incurred which is related to the settlement or award shall be deducted from the total amount awarded.

(c) Allowable expense deductions include, but are not limited to, legal fees, medical payments, motor vehicle replacement, or replacement of personal property damaged or lost if proof of allowable expenses paid is provided to the department within ten calendar days from the date the settlement, inheritance, or award is received. Absent the submission of proof, the gross settlement, inheritance or award amount shall be considered unearned income.

Notes

Haw. Code R. § 17-1724.1-34

[Eff 09/30/13] (Auth: HRS § 346-53; 20 C.F.R. §416.1121; 42 C.F.R. §§435.601, 435.631) (Imp: HRS § 346-29; 20 C.F.R. §416.1121; 42 C.F.R. §§435.601, 435.631) Am and Comp 11/10/2016