This bill amends title XIX (Medicaid) of the Social Security Act with respect to the payment of income from a qualifying annuity in determining the Medicaid eligibility of an institutionalized spouse.
One-half of the income from such an annuity made either solely or partly in the name of the community spouse. shall be considered available to the institutionalized spouse.
If payment of income is made in the names of the community spouse and another person or persons, one-half of the proportion of the community spouses's interest in that income shall also be considered available to the institutionalized spouse.