BENEFITS SR 16-10, 08/16 (MAM-A)

Income considered from sources such as:

·         annuities (an amount payable yearly);

·         disability or sickness payments;

·         fraternal benefits;

·         insurance payments;

·         pensions;

·         railroad retirement;

·         retirement plans;

*

·         unemployment compensation; and

·         worker's compensation (insurance payments received for an on-the-job injury).

See also SSA, SSI, and VA Benefits.

Treatment: Non-MAGI Categories of MA: Unearned Income

                  MAGI Categories of MA: If the benefits are taxable, the benefits are treated as unearned income. If the benefits are not taxable, the benefits are not counted.

Exceptions:

·         Benefits specifically designated as payment for hospitalization or medical services are excluded income.

·         Worker's compensation benefits are excluded income in MAGI MA.

References: He-W 601.08(k); RSA 167:7, IV; RSA 167:80; 42 USC 1382a(a)(2)