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MEDICAL MEDICAL MEDICAL MEDICAL MEDICAL MEDICAL MEDICAL
INCOME TYPE DESCRIPTION
Division of Welfare and Supportive Services E-3003 Medical Assistance Manual TYPES OF EARNED AND UNEARNED INCOME 14 Mar 01 MTL 14/01
ANNUITIES
1. Earned or Unearned
2. Counted in Financial
3. Counted in Patient Liability
4. Taxable Income from annuities which were purchased with an employee’s funds are earned income.
Other annuities purchased through a bank or insurance company are unearned income. These payments may continue for a fixed period of time or for as long as the individual lives.
Verification: (not all inclusive)
- Copy of check - Documents from the agency paying benefits
ASSISTANCE BASED ON NEED
1. Unearned
2. Excluded in Financial
3. Counted in Patient Liability
4. Non-Taxable Any assistance from government agencies which is intended to supplement needs, and is NOT federally funded. Including, but not limited to: Family Preservation Program.
Verification: (not all inclusive)
- Copy of check - Documents from the agency paying benefits
AUSTRIAN SOCIAL INSURANCE PAYMENTS
1. Unearned
2. Excluded in Financial
3. Excluded in Patient Liability
4. Taxable Austrian Social Insurance payments based, in whole or in part, on wage credits granted under Paragraphs 500-506 of the Austrian General Social Insurance Act.
Interest earned on these payments is counted as income.
Verification: (not all inclusive)
- Copy of check - Documents from the agency paying benefits