HOUSE DOCKET, NO. 451 FILED ON: 1/21/2021
HOUSE . . . . . . . . . . . . . . . No. 1318
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The Commonwealth of Massachusetts
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PRESENTED BY:
Steven Ultrino
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act to update Medicaid resource limits for seniors.
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PETITION OF:
Name: | District/Address: | Date Added: |
Steven Ultrino | 33rd Middlesex | 1/21/2021 |
Adam J. Scanlon | 14th Bristol | 1/21/2021 |
Nika C. Elugardo | 15th Suffolk | 1/22/2021 |
Bud L. Williams | 11th Hampden | 2/3/2021 |
David Henry Argosky LeBoeuf | 17th Worcester | 2/8/2021 |
Carmine Lawrence Gentile | 13th Middlesex | 2/24/2021 |
John Barrett, III | 1st Berkshire | 2/26/2021 |
HOUSE DOCKET, NO. 451 FILED ON: 1/21/2021
HOUSE . . . . . . . . . . . . . . . No. 1318
By Mr. Ultrino of Malden, a petition (accompanied by bill, House, No. 1318) of Steven Ultrino and others relative to Medicaid resource limits for seniors. Health Care Financing. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 1200 OF 2019-2020.]
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Second General Court
(2021-2022)
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An Act to update Medicaid resource limits for seniors.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1: Section 25 of chapter 118E is hereby amended by inserting after subsection (5) the following two subsections:-
(6) the cash surrender value of any life insurance owned by the applicant or member or his or her spouse without regard to the face value of the policy or policies;
(7) resources in the amount of $2000 per individual and $3000 per couple.
The division shall submit a state plan amendment to implement this section no later than 30 days after the effective date of this section and subsequently promulgate all regulations necessary to implement said resource exemptions.