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UPDATED: JUNE 2011

134

INCOME UNEARNED

DIVIDENDS AND INTEREST

Documentation: All Medicaid recipients who do not have a resource test may, at renewal attest to the amount of interest income generated by resources.

Districts must continue to review RFI reports to identify resources belonging to individuals who do not have a resource test to determine when a resource identified by RFI is significant enough to generate interest that would/could affect the individual’s eligibility. In such instances, the district must request documentation of the interest income and re-calculate eligibility as appropriate.

Districts are encouraged to minimize the scope of the investigation into resources.

Documentation must be sufficient to establish an audit trail:

• Include such facts as type of resource from which income is obtained, amount and frequency of payment and the name and address of person(s) or institution(s) making the payment and the type of documentation seen;

• In all cases, a returned clearance filed in the case record is adequate documentation if it includes the appropriate facts.

(MRG)