2-010.01C1 Prospective Budgeting
469 NAC 2-010.01C1
The worker must average the most recent three month's actual income to arrive at the gross income amount for the income period. Income conversion charts are used for weekly and bi-weekly income. This figure is used to project medical eligibility for the next 12 months unless:
1. There was a significant change in the income of the previous three months; or
2. The worker anticipates a significant change during the projected 12-month period.
When income fluctuates, the worker must use an average of income for the three most recent consecutive months. When income is stable, the worker must use one month's income.
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In arriving at the three-month average, the worker must: 1. List all earned and unearned income periods in the three most recent consecutive months. If there is a particularly high or low check, disregard it in the average; 2. Add gross income for the earned and unearned income for the three months; and 3. Divide by the number of pay periods to arrive at the average monthly amount. If the client receives semi-monthly or monthly income, do not convert the income. |
{6/28/11}
2-010.01C1a (Reserved)