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House Bill 1221


House Bill 1221

ARCHIVE (2011)

Latest Information

 

DIGEST OF HB1221 (Updated April 28, 2011 2:21 pm - DI 84)


Life insurance and Medicaid. Allows the state to use federal or state Medicaid funds to pay life insurance premiums and expenses for certain Medicaid applicants or recipients who have irrevocably named the state as the beneficiary of an in force life insurance policy or assigned a life insurance policy to the state. Provides that life insurance proceeds that exceed the amount of Medicaid benefits be paid to the beneficiary of the recipient. Provides that the value of a life insurance policy owned by certain applicants or recipients may not be considered in determining Medicaid eligibility if the applicant or recipient has irrevocably named the state as the beneficiary or assigned the life insurance policy to the state.
Current Status:
 Law Enacted
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