SECOND REGULAR SESSION
HOUSE BILL NO. 1053
91ST GENERAL ASSEMBLY
INTRODUCED BY REPRESENTATIVES WARD AND SELBY (Co-sponsors).
Pre-filed December 3, 2001, and 1000 copies ordered printed.
TED WEDEL, Chief Clerk
AN ACT
To amend chapter 208, RSMo, by adding thereto one new section relating to Medicaid and Medicare eligibility.
Section A. Chapter 208, RSMo, is amended by adding thereto one new section, to be known as section 208.016, to read as follows:
208.016. For purposes of determining eligibility for Medicaid and Medicare benefits for persons sixty-five years of
age and older, "resources" does not include the cash value of any and all life insurance policies that have a total
cash value of five thousand dollars or less and have been in force for a minimum of five years.
Missouri House of Representatives