SB1566 100TH GENERAL ASSEMBLY

LRB100 07938 KTG 18011 b

100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
SB1566

Introduced 2/9/2017, by Sen. Bill Cunningham

SYNOPSIS AS INTRODUCED:

305 ILCS 5/5-5.27 new

Amends the Medical Assistance Article of the Illinois Public Aid Code. Requires the Department of Healthcare and Family Services to disregard life insurance assets up to a total of $200,000 when determining whether a person 60 years of age or older meets the income and asset eligibility requirements for home and community based services authorized under the Social Security Act. Provides that if the asset disregard requires federal approval, the Department shall submit the necessary application to the Centers for Medicare and Medicaid Services for a waiver or State Plan amendment to implement the asset disregard. Provides that implementation of the asset disregard shall be contingent on federal approval of the waiver or State Plan amendment.

FISCAL NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning public aid.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Public Aid Code is amended by adding Section 5-5.27 as follows:

(305 ILCS 5/5-5.27 new)

Sec. 5-5.27. Home and community based services; life insurance asset disregard. The Department shall disregard life insurance assets up to a total of $200,000 when determining whether a person 60 years of age or older meets the income and asset eligibility requirements for home and community based services authorized under Section 1915(c) of the Social Security Act. If the asset disregard described in this Section requires federal approval, the Department shall submit the necessary application to the Centers for Medicare and Medicaid Services for a waiver or State Plan amendment to implement the asset disregard. Implementation of the asset disregard shall be contingent on federal approval of the waiver or State Plan amendment.