Requirement that an applicant/beneficiary live in South Residence All Carolina voluntarily with the intent to remain in the state. Is not a current beneficiary but will receive the residual Residual benefit of the trust contingent upon the occurrence of a SSI Beneficiary certain event (Refer to, the death of the primary beneficiary). Program Term Definition Area Those assets, including real and personal property, which an individual or couple owns; can apply, either directly or by Resource sale or conversion, to the basic needs of food, clothing, and SSI shelter; and is not legally restricted from use for support and maintenance. May be liquid or non liquid. Resource Resources whose value, or part of the value, is not SSI Exclusions included in the eligibility determination process. The limit on the value of countable resources an individual Resource Limit or couple may own and still be eligible for Medicaid. The SSI limit varies as to Payment Category. Retirement Annuities or work-related for providing income when SSI Funds employment ends. A program administered under Title II of the Social Security Retirement, Act through the Social Security Administration which pays Survivors, benefits to persons who have contributed enough quarters Disability to the Social Security System, or who are the dependents All Insurance of one who has contributed to the system, when they are (RSDI) aged or retired, are a surviving spouse or dependent child, or are disabled. Retroactive 3 calendar months before the month in which the Medicaid All period application was filed. Retrospective Computing income and resources, if applicable, for the All Budgeting benefit month based on actual income in a previous month. Revocable An agreement which can be reversed and money returned SSI Burial Contract or that can be sold. Revocable A contract in which terms can be altered. All Trust of The responsibility of an individual, institution, corporation, Recovery (Third or public or private agency to pay for all or part of medical All Party Liability) costs of an applicant/beneficiary. A person who lives with the applicant/beneficiary and pays All Roomer a set amount for a room. Sanctionable A change of ownership for compensation of less than Fair SSI Transfer Market Value.
Residence Requirement that an applicant/beneficiary live in South Carolina voluntarily with the intent to remain in the state. All Residual Beneficiary Is not a current beneficiary but will receive the residual benefit of the trust contingent upon the occurrence of a certain event (Refer to, the death of the primary beneficiary). SSI Term Definition Program Area Resource Those assets, including real and personal property, which an individual or couple owns; can apply, either directly or by sale or conversion, to the basic needs of food, clothing, and shelter; and is not legally restricted from use for support and maintenance. May be liquid or non liquid. SSI Resource Exclusions Resources whose value, or part of the value, is not included in the eligibility determination process. SSI Resource Limit The limit on the value of countable resources an individual or couple may own and still be eligible for Medicaid. The limit varies as to Payment Category. SSI Retirement Funds Annuities or work-related for providing income when employment ends. SSI Retirement, Survivors, Disability Insurance (RSDI) A program administered under Title II of the Social Security Act through the Social Security Administration which pays benefits to persons who have contributed enough quarters to the Social Security System, or who are the dependents of one who has contributed to the system, when they are aged or retired, are a surviving spouse or dependent child, or are disabled. All Retroactive period 3 calendar months before the month in which the Medicaid application was filed. All Retrospective Budgeting Computing income and resources, if applicable, for the benefit month based on actual income in a previous month. All Revocable Burial Contract An agreement which can be reversed and money returned or that can be sold. SSI Revocable Trust A contract in which terms can be altered. All of Recovery (Third Party Liability) The responsibility of an individual, institution, corporation, or public or private agency to pay for all or part of medical costs of an applicant/beneficiary. All Roomer A person who lives with the applicant/beneficiary and pays a set amount for a room. All Sanctionable Transfer A change of ownership for compensation of less than Fair Market Value. SSI
Chapter_104.docx