Department of Social Services
Family Support Division
PO Box 2320
Jefferson City, Missouri
TO: ALL FAMILY SUPPORT OFFICES
FROM: KIM EVANS, DIRECTOR
SUBJECT: MO HEALTHNET FOR THE AGED, BLIND, AND DISABLED (MHABD) DEFINITIONS RELATED TO ANNUITIES
MANUAL REVISION #19
The December 1973 Eligibility Requirements, IM Manual sections 1030.030.05 Definitions Related to Annuities, and 1030.030.10 Determining Eligibility for MHABD Vendor or Home and Community Based Waiver Services for Annuities that were Purchased and Began Making Payments on or after April 20, 2010 When There is a Community Spouse, have been updated to add useful information when evaluating MHABD applications, annual reviews, or change in circumstance.
When a participant reports he/she is a party to an annuity, designated staff is required to review the annuity and determine answers to questions such as:
- Who is the owner of the annuity?
- Is our participant or participant’s spouse receiving income generated from the annuity?
- Is the annuity considered to be an available resource?
Revisions have been made to the manual sections listed above to provide information necessary to assist designated staff with reviewing the provisions within an annuity that help determine its impact/if any, to the eligibility factors for MHABD programs.
Staff must continue to submit IM14 Interpretation of Policy Requests on participants and/or spouses of participants who are a party to a trust or annuity.
- Review this memorandum with appropriate staff.