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MEDICAL MEDICAL MEDICAL MEDICAL MEDICAL MEDICAL MEDICAL

INCOME TYPE DESCRIPTION

Division of Welfare and Supportive Services E-30013 Medical Assistance Manual TYPES OF EARNED AND UNEARNED INCOME 17 Sep 01 MTL 05/17 CROWDFUNDING ACCOUNTS (Cont’d) • Donors to this campaign would be considered investors contributing to capital. Contributions to capital are not taxable and considered equity interest for investment. Not Countable in MAGI budgeting.

Verification: (not all inclusive) - Documents from the source of payment

DEATH BENEFITS

1. Unearned

2. Counted/Excluded in Financial or Patient Liability Varies by Income Type

3. Non-taxable with exception A Death Benefit is money a client receives as the result of another’s death. These benefits include the following: - Proceeds of life insurance policies received due to the death of the insured; - Lump Sum Death Benefits from Social Security; - Railroad burial benefits; - VA burial benefits; - Cash inheritances; - Cash gifts from relatives, friends, or a community group to “help out” with expenses related to the death. NOTE: Recurring survivor benefits such as those received from Social Security, private pension programs, etc., are not death benefits.

Death benefits received by the client are income to the client in the month received, except for any portion the client verifies was used for the expenses of the deceased person’s last illness and/or burial.

Last illness and burial expenses include but are not limited to: related hospital and medical expenses, funeral, burial plot, and interment expenses, and other related expenses. Other related expenses include but are not limited to: new clothing to wear to the funeral, food for visiting relatives, taxi fare to and from the hospital and funeral home, etc.

Any portion of the Death Benefits which is left after deducting these expenses is counted as income in the month of receipt.