411 BANK ACCOUNTS (AAM)

SR 23-16 Dated 03/23

Previous Policy

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Count the value of bank accounts such as but not limited to:

·       savings,

·       checking,

·       pre-paid debit cards (such as Direct Express, Green Dot, EPPI/Way2Go, et cetera)

·       NOW accounts,

·       credit union accounts, and

·       patient accounts for nursing facility cases.

Treatment: Countable Resource

See also ABLE/STABLE-NH ACCOUNTS, CERTIFICATES OF DEPOSIT, IRAs, KEOGH PLANS, PASS and TRUST (RESOURCES).

 

References: He-W 656.04; 45 CFR 233.20(a)(3)(i); 42 USC 1382b