Calculating Household Income
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Revision 15-4; Effective October 1, 2015
CHIP, CHIP Perinatal
For CHIP and CHIP perinatal, each individual’s MAGI household income is calculated following the Medical Programs policy explained in A-1341 , Income Limits and Eligibility Tests.
D—1051 Income Frequency
Revision 15-4; Effective October 1, 2015
CHIP, CHIP Perinatal
Income received must be converted to a monthly amount, unless received monthly. Advisors must use the following conversion factors. (Monthly pay means that the employee is paid once a month.)
Income Frequency Conversion Factor Weekly (paid once every week) Multiply by 4.33 Bi-weekly (paid every other week) Multiply by 2.17 Semi-monthly (paid twice a month) Multiply by 2.0 Annually (paid once a year) Divide by 12
If the income frequency cannot be determined based on the information listed on the application or from the verification, the advisor must generate Form H1020 , Request for Information or Action, to request the income frequency.
D—1052 Terminated Income
Revision 15-4; Effective October 1, 2015
CHIP, CHIP Perinatal
Count terminated income in the month received. Use actual income and do not use conversion factors if terminated income is less than a full month's income. If the income terminated in the application month, the advisor must request missing information to verify the termination. Self-declaration is not acceptable verification.
D—1053 Budget Months
Revision 15-4; Effective October 1, 2015
CHIP
The system will determine CHIP eligibility for the following months:
At Application
Application month
Process month
At Redetermination
The month following the last month of CHIP coverage.