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CODE OF COLORADO REGULATIONS 10 CCR 2505-10 8.100 Medical Services Board

133 2. Non-business property that is necessary to produce goods or services essential to self- support is excluded up to $6,000. 3. Property used in a trade or business which is essential to self-support is excluded up to a limit of $6,000 if it produces 6% return of the $6,000 excluded value. 8.100.5.K. Department of Veterans Affairs (VA) Payments The portion of the pension payments for Aid and Attendance (A&A) and Unusual Medical Expenses (UME), as determined by the VA, shall not be considered as income when determining eligibility. 1. The portion of the pension payments for Aid and Attendance (A&A) and Unusual Medical Expenses (UME), as determined by the VA, shall not be used as patient payment to the medical facility: a. for a veteran or surviving spouse of a veteran in a medical facility other than State Veterans Home; or b. for a veteran or surviving spouse of a veteran in a State Veterans Home with dependents. 2. For a veteran or surviving spouse of a veteran in a State Veterans Home with no dependents the portion of the pension payments for Aid and Attendance (A&A) and Unusual Medical Expenses (UME), as determined by the VA, shall be used as patient payment to the medical facility. 8.100.5.L. Reverse Mortgages 1. In accordance with C.R.S. § 11-38-110, reverse mortgages payments made to a borrower shall not be treated as income for eligibility purposes. 2. Funds remaining the following month after the payment is made will be countable as a resource. 3. Any payments from a reverse mortgage that are transferred to another individual without fair consideration shall be analyzed in accordance with the rules on