12 Va. Admin. Code § 30-110-670 - Aid to Dependent Children (ADC) Related Medically Needy Individuals
A.
Reserved.
B. Personal property.
1. Automobiles. The policy in § 4 of
Supplement 8b (was Supplement 12) to Attachment 2.6-A of the State Plan
(12VAC30-40-290 )
applies.
2. Life insurance. The
policy in § 5 of Supplement 8b (was Supplement 12) to Attachment 2.6-A of
the State Plan (12VAC30-40-290 )
applies.
3. Burial plots. The
market value of burial plots owned by any member of the family unit are not
counted toward the medical resource limit for the family.
4. Prepaid burial plans are counted as
resources, except for the amounts of such funeral agreements that are
disregarded under the Virginia ADC cash assistance program.
5. Assets which can be liquidated such as
cash, bank accounts, stocks, bonds, and securities, are counted as
resources.
C. The income
eligibility determination methodology of the Virginia ADC cash assistance
program applies.
Notes
Statutory Authority
§§ 32.1-324 and 32.1-325 of the Code of Virginia.
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