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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 42 - Public Health |
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Chapter IV - Centers for Medicare & Medicaid Services, Department of Health and Human Services |
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SubChapter C - Medical Assistance Programs |
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Part 436 - Eligibility in Guam, Puerto Rico, and the Virgin Islands |
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Subpart I - Financial Requirements for the Medically Needy |
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Medically Needy Resource Standard |
§ 436.840 - Medically needy resource standard: General requirements.
Latest version.
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§ 436.840 Medically needy resource standard: General requirements.
(a) To determine eligibility of medically needy individuals, the Medicaid agency must use a single resource standard that is set at an amount that is no lower than the lowest resource standard used on or after January 1, 1966, to determine eligibility under the cash assistance programs that are related to the State's covered medically needy group or groups of individuals under § 436.301.
(b) The resource standard established under paragraph (a) of this section may not diminish by an increase in the number of persons in the assistance unit. For example, the resource level in the standard for an assistance unit of three may not be less than that set for an assistance unit of two.
[58 FR 4938, Jan. 19, 1993]