12 Va. Admin. Code § 30-110-670 - Aid to Dependent Children (ADC) Related Medically Needy Individuals

Current through Register Vol.. 38, No. 17, April 11, 2022

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

12 Va. Admin. Code § 30-110-670
Derived from VR460-04-2.6105 § 7, eff. June 16, 1993; amended, Virginia Register Volume 17, Issue 13, eff. April 11, 2001; Volume 25, Issue 14, eff. April 15, 2009.

Statutory Authority

§§ 32.1-324 and 32.1-325 of the Code of Virginia.

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