Mississippi Administrative Code
Title 23 - Division of Medicaid
Part 103 - Resources
Chapter 4 - Countable Resources
Rule 23-103-4.1 - Cash
Universal Citation: MS Code of Rules 23-103-4.1
Current through September 24, 2024
A. Cash is a countable resource.
B. Cash is defined as money on hand that is in the form of coin or currency.
1. Foreign
currency or coins are cash to the extent they can be exchanged for U.S.
currency.
2. Coin collections are
not considered cash, even though they are a resource.
a) The value of coin collections is based on
a collector's value and determined by knowledgeable source estimate.
1) Treat a coin collection as other personal
property.
Social Security Act §1902 (r) (2); 42 CFR §435.601(b) (Rev 1994)
Disclaimer: These regulations may not be the most recent version. Mississippi may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
