An individual who is enrolled in the buy-in program and who no longer meets the eligibility requirements set forth in section 4 of this chapter due to an improvement in the individual's medical condition continues to be eligible for Medicaid coverage under the buy-in program if the individual meets the following requirements:

1. (1) The individual continues to have a severe medically determinable impairment, as determined by the office and as allowed by federal law.
2. (2) The individual is employed and earning a monthly wage that is not less than the federal minimum hourly wage times forty (40).
3. (3) The individual does not have income or countable resources in excess of the limits established under section 4 of this chapter.
4. (4) The individual is at least sixteen (16) years of age and less than sixty-five (65) years of age.
5. (5) The individual pays any premiums or other cost sharing required under this chapter.
6. (6) The individual meets all other eligibility requirements under this chapter.

As added by P.L.287-2001, SEC.9.