HAR §17-1725.1-9. Purpose

This subchapter describes the requirements to provide verification of assets which are considered and evaluated to determine eligibility for a MAGI-excepted individual. [Eff 09/30/13] (Auth: HRS §346-53; 42 C.F.R. §§435.840, 435.845; 20 C.F.R. §416.1202) (Imp: HRS UNOFFICIAL 1725.1-5 §§346-29, 346-53; 42 C.F.R. §§435.840, 435.845; 20 C.F.R. §416.1202) §17-1725.1-10 Availability and verification of assets. (a) An individual shall apply for and develop potential sources of assets, when applicable. (b) The asset shall be considered as of the first moment of the calendar month for which medical assistance is being requested or received. (c) The asset of an individual and their legally responsible household members residing in the same residence shall be considered when determining eligibility for medical assistance. (d) Joint ownership of a liquid asset that is legally defined and available to the individual shall be considered. (e) Joint ownership of a liquid asset when legally defined to which only a portion is legally accessible, shall be considered an available resource only as to that portion. (f) Joint ownership of a non-liquid asset, including real and personal property that is legally defined to which only a portion is legally accessible, shall be considered an available resource only as to that portion. (g) The department shall deny or terminate medical assistance when an individual fails to: (1) Apply for, access, or develop potential sources of assets; (2) Cooperate in providing accurate and complete information or verification; or (3) Complete any other action on the part of the individual or household that prevents a correct determination of eligibility to be made. [Eff 09/30/13] (Auth: HRS §346-53; 42 C.F.R. §§435.121, 435.230, 435.602, 435.608, 435.840, 435.845) (Imp: 42 C.F.R. §§435.121, 435.230, 435.602, 435.608, 435.840, 435.845) UNOFFICIAL 1725.1-6 §