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include the $1,000 deposit and the last deposit had no impact on the January budget. • 01/01 balance $3,800 • 01/31 deposit (early deposit) $1,000 January balance total $3,800 The member is over resources for the month of January.

Example 3: Using the same case example as above, the bank balance on February 1st is $2,300 (the member spent the other $1,500). The unearned income direct deposit was made on 01/31, so this should be subtracted from the February budget.

• 01/31 deposit $1,000 • 02/01 balance $2,300 • Subtract 01/31 deposit - $1,000 • 02/01 balance is $1,300 This member is resource eligible for Medicaid in February.

Example 4: On May 15th, a new application is submitted. On the February 1st bank statement (retro month), the first moment of the first day of the month has a bank balance of $10,000. The member/authorized representative included copies of checks that were dated/written on January 31st. The member receives Social Security income in the amount of $1,500. One deposit was made on January 3rd, and a second deposit was made on January 31st. The second deposit is an early deposit intended for the month of February. The second deposit of $1,500 should be subtracted from the February 1st budget as it is income for the month of February and is not considered a resource. The checks that are dated prior to February 1st but not yet cleared need subtracted from the February bank statement. The second and early Social Security check that was deposited on January 31st also needs subtracted from the February 1st bank balance. • 05/15 Application date • 02/01 First retro month with a bank balance of $10,000 Subtract checks written: • 01/31 $2,000 • 01/31 $5,500 • Total = $7,500 • 02/01 balance: $10,000-$7,500 = $2,500 • Subtract the early Social Security deposit of $1,500 Balance $2,500-$1,500 (SS) = $1,000 • The 02/01 bank balance is $1,000. The member is passing resource eligibility for the month of February.