Page 138

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

138 d. Household goods are not counted as a resource to an individual (and spouse, if any) if they are: i) Items of personal property, found in or near the home, that are used on a regular basis; or ii) Items needed by the household for maintenance, use and occupancy of the premises as a home. iii) Such items include but are not limited to: furniture, appliances, electronic equipment such as personal computers and television sets, carpets, cooking and eating utensils, and dishes. e. Personal effects are not counted as a resource to an individual (and spouse, if any) if they are: i) Items of personal property ordinarily worn or carried by the individual; or ii) Articles otherwise having an intimate relation to the individual. iii) Such items include but are not limited to: personal jewelry including wedding and engagement rings, personal care items, prosthetic devices, and educational or recreational items such as books or musical instruments. iv) Items of cultural or religious significance to the individual and items required because of an individual’s impairment are also not counted as a resource. f. The cash surrender value of all life insurance policies owned by an individual and spouse, if any, is exempt if the total face value of all life insurance policies does not exceed $1,500 on any person. If the total face value of all the life insurance policies exceeds $1,500 on one person, the cash surrender value of those policies will be counted.

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Page 138

Official source

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

138 d. Household goods are not counted as a resource to an individual (and spouse, if any) if they are: i) Items of personal property, found in or near the home, that are used on a regular basis; or ii) Items needed by the household for maintenance, use and occupancy of the premises as a home. iii) Such items include but are not limited to: furniture, appliances, electronic equipment such as personal computers and television sets, carpets, cooking and eating utensils, and dishes. e. Personal effects are not counted as a resource to an individual (and spouse, if any) if they are: i) Items of personal property ordinarily worn or carried by the individual; or ii) Articles otherwise having an intimate relation to the individual. iii) Such items include but are not limited to: personal jewelry including wedding and engagement rings, personal care items, prosthetic devices, and educational or recreational items such as books or musical instruments. iv) Items of cultural or religious significance to the individual and items required because of an individual’s impairment are also not counted as a resource. f. The cash surrender value of all life insurance policies owned by an individual and spouse, if any, is exempt if the total face value of all life insurance policies does not exceed $1,500 on any person. If the total face value of all the life insurance policies exceeds $1,500 on one person, the cash surrender value of those policies will be counted.