Why are rules important for administrators


Question: In HSD 266 and again in HSA 304, you learned that Medical is a health care that covers low-income individuals and families. It falls under Title 19 of the Social Security Act. Title 19 is the Welfare Section of this law. Medicaid applicants must meet low-income levels to qualify. Often people try to manipulate their assets to meet Medicaid income levels. The most common manipulation is transferring asset rules. The rules help prevent people from transferring their assets to adult offspring and still qualify. There is a look back period. This is the timeframe where bank records and other financial/legal documents are reviewed. The current look back period is 60-months. If a transfer is discovered during this period, Medicaid coverage can be delayed or denied. Why are these rules important for Administrators? How might it impact their day-to-day decisions?

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Accounting Basics: Why are rules important for administrators
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