New Mexico Administrative Code
Title 8 - SOCIAL SERVICES
Chapter 230 - MEDICAID ELIGIBILITY - FULL COVERAGE FOR PREGNANT WOMEN
Part 500 - INCOME AND RESOURCE STANDARDS
Section 8.230.500.16 - LUMP SUM PAYMENTS
Universal Citation: 8 NM Admin Code 8.230.500.16
Current through Register Vol. 35, No. 6, March 26, 2024
Lump sum payments are considered income in the month received, unless specifically excludable under medicaid regulations. Lump sum payments are considered as a resource, if retained, as of the first moment of the first day of the following month.
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