New Mexico Administrative Code
Title 8 - SOCIAL SERVICES
Chapter 292 - MEDICAID ELIGIBILITY - PARENT CARETAKER
Part 500 - INCOME AND RESOURCE STANDARDS
Section 8.292.500.12 - INCOME ELIGIBILITY
Universal Citation: 8 NM Admin Code 8.292.500.12
Current through Register Vol. 35, No. 18, September 24, 2024
Income methodology is based on modified adjusted gross income (MAGI) in accordance with 42 Code of Federal Regulations (CFR) 435.603. Per 42 CFR 435.603(h)(2) HSD bases financial eligibility on current monthly household income and family size. Current monthly household income is defined as a 30-day period. If an amount of income is received less frequently than monthly, that amount is converted by dividing the total income by the number of months the income is intended to cover.
Disclaimer: These regulations may not be the most recent version. New Mexico 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.
