Mississippi Administrative Code
Title 23 - Division of Medicaid
Part 103 - Resources
Chapter 4 - Countable Resources
Rule 23-103-4.7 - Patient Accounts
Universal Citation: MS Code of Rules 23-103-4.7
Current through September 24, 2024
A. A nursing home patient account is a financial account set up by the nursing home for the convenience of the patient.
B. These accounts are similar to a checking and/or savings account. The facility holds funds belonging to the patient for the patient's use.
C. For Medicaid purposes, a patient account is treated in the same manner as a checking or savings account.
Social Security Act §1902 (r) (2); 42 CFR §435.601(b) (Rev 1994).
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