OAR 461-160-0855

OAR 461-160-0855. Excluded Resources for Payments Received Under a Qualified Partnership Policy; OSIPM

Last amended: 2019Length: 161 wordsOfficial source
In the OSIPM program: (1) When an individual in a non-standard living arrangement (see OAR 461-001-0000) applies for medical benefits, the Department excludes as a resource an amount equal to the insurance payments received under a Qualified Partnership Policy (see OAR 461-001-0000) as of the initial month (see OAR 461-001-0000) of eligibility, unless the Qualified Partnership Policy was purchased in a state that has elected not to participate in reciprocity. (2) The exclusion in section (1) of this rule is subject to all of the following: (a) It does not apply when home equity exceeds the limit in OAR 461-145-0220(2)(a). (b) It applies to all other resources (not covered by subsection (a) of this section), notwithstanding other rules in this chapter of rules that designate the resources as countable (see OAR 461-001-0000). (3) For the amount of resources excluded under this rule, the Department will not establish a claim against the estate of the deceased individual in accordance with OAR 461-135-0835.
OAR 461-160-0855: OAR 461-160-0855. Excluded Resources for Payments Received Under a Qualified Partnership Policy; OSIPM | Justis AI