Page 22

and use the lower hard copy value for that account. If no successful rebuttal is received: • For applicants, the application will be denied after the discrepancy notice due date, and a separate denial notice will be mailed with normal appeal rights. • For ongoing eligibility, Medicaid will be closed after the discrepancy notice due date (using normal adverse timing) and separate notice will be mailed with normal appeal rights. Documenting AVS returns: • If after the 2032 Request for Verifications due date, no hard copy verifications are received but AVS is returned, then AVS verification is to be used. • For items where AVS returns information but there are not enough details to determine countable value (for example, we learn about a trust but need the actual trust document for Policy review as to availability), the applicant/member will have to provide separate documentation with the needed details. • Assets which were disposed of during the lookback period should be reviewed for potential transfer penalties. • Blue book value is used for vehicles. Default to the fair purchase price listed for a base model of the same make, model, and year, unless other verification is received. If the 13 days have passed and the case has been authorized, then the AVS returns additional verifications, this should be treated as a case change and the verification should be updated accordingly. 2615.00.00 TYPES AND VALUE OF PERSONAL PROPERTY RESOURCES This section describes the policy for determining the value of personal property resources. The different types of such resources and their consideration are discussed. 2615.05.00 CASH Cash that is not part of a current month's income is counted as a resource. Cash includes money the individual owns, no matter where it is located.6 Cash on hand includes: • Amounts carried by the individual • Amounts the individual has at home • Amounts being held for the individual elsewhere. • A signed statement from the individual owning the cash is sufficient verification.