6-002.07A2c(1) Income-Producing Policies

479 NAC 6-002.07A2c(1)

Income received from an insurance policy that supplements the former ward's income while s/he is hospitalized or receiving medical care is treated as unearned income. These policies provide income regardless of the type of service being provided or the condition of the former ward. If it is verified that the income was applied to medical bills, the income is not counted in the former ward's budget.

Income is not counted from health insurance policies which pay the former ward directly for the purpose of reimbursement to the provider and which cover a specific service(s).