SJ122: Medicaid; JLARC, et al., to monitor changes in federal restrictions on sheltering assets to qualify.

Chief Patron

Sen. Stephen Martin (R-11)

Stephen Martin (R-11)
Served: 1994–

Progress

	Introduced
	Passed Committee
	Passed House
	Passed Senate

Status

Bill Passed

View Entire History

Summary

Study; asset transfers; report. Requests the Department of Medical Assistance Services and the Joint Legislative Audit and Review Commission to monitor changes in federal restrictions on sheltering assets to qualify for Medicaid long-term care services. For the purpose of advising the Governor and General Assembly, the Department and Commission shall (i) evaluate the potential impact of proposed changes in federal law and their correlation to Virginia law, (ii) ascertain reports and analyses prepared in connection with the proposed federal legislation, (iii) review the practice by which persons transfer, convert, give away, or otherwise shelter assets to become Medicaid eligible, (iv) recommend options available to limit the financial impact of sheltering assets for Medicaid qualification on the Commonwealth upon the passage of any such federal legislation, and (v) apprise the General Assembly concerning any changes needed in state law regarding asset sheltering. This resolution is identical to HJR 97 (Landes).   View Full Text »