An Act to increase the Medicaid life insurance exemption
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill proposes to increase the amount of life insurance coverage that eligible Massachusetts Medicaid recipients can receive without it being considered income. Currently, there’s a limit on the amount of life insurance an individual can have and still qualify for Medicaid benefits. This legislation aims to broaden eligibility by raising that exemption amount. The bill was referred to the Committee on Financial Services and subsequently concurred in by the House.
Key provisions
- Increases the Medicaid life insurance exemption amount.
- Aims to expand eligibility for Medicaid recipients regarding life insurance coverage.
- The bill was sponsored by Peter J. Durant and Bruce E. Tarr.
- The bill was referred to the Committee on Financial Services.
Who is affected
- Massachusetts Medicaid recipients
- Individuals eligible for Medicaid benefits
Bill text
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Sponsors
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3 on record
Primary sponsor
Cosponsors
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