- (a) “Face value” means the death benefit of a life insurance policy exclusive of dividend additions or additional amounts payable because of accidental death or under other special provisions.
(b) “Fair market value” means, for purposes of this chapter:
- (1) For all assets other than automobiles and trucks, the price at which a willing seller and a willing buyer will trade; or
- (2) For automobiles and trucks, the trade-in value in the National Automobile Dealers Association’s (NADA) Official Used Car Guide, also known as the Kelley Blue Book, unless information is not available in the Kelley Blue Book, or unless the applicant or recipient proves the value of the vehicle is different.
(c) “Family” means the basic unit of individuals, consisting of:
- (1) One or more adults and children, if any, related by blood, marriage, or adoption, who reside in the same home;
- (2) Separate groups of related adults, other than spouses, or unrelated adults residing together;
- (3) Minor siblings living with non-legally responsible relatives; or
- (4) Minor siblings living under the care of unrelated persons.
- (d) “Family member” means any individual who can be included in an AG, such as a parent or caretaker relative, child, or spouse.
- (e) “Federal poverty level (FPL)” means the federal poverty level updated periodically in the federal register by the secretary of health and human services under the authority of 42 USC 9902(2), as in effect for the applicable budget period used to determine an individual’s eligibility.
- (f) “Former foster care” means former foster care as described in 42 USC 1396a(a)(10)(A)(i)(IX).
- (g) “Four month extended medical assistance” means medical assistance provided regardless of financial eligibility when certain specific factors are met by the AG.
- (h) “Good cause” means a substantiated reason which justifies the parent or caretaker relative's refusal to cooperate and still retain eligibility for medical assistance.
- (i) “Good faith effort to sell real property” means that the applicant or recipient is making a genuine attempt to sell the property and can provide evidence to the department that the property has been put up for sale, is currently for sale, and that no reasonable offer for the property has been refused.
- (j) “Gross earned income for an individual employed by another” means the total amount, prior to payroll deductions.
- (k) “Gross earned income for self-employed individuals” means the total monetary value or the dollar value of in-kind benefits received by a self-employed individual as compensation for work performed minus the cost of doing business.
- (l) “Gross income” means the total amount of countable earned and unearned income or in-kind benefits received by AG members prior to any disregards or deductions.
- (m) “Home and community-based services (HCBS)” means community services that individuals might need in order to prevent institutionalization.
Source. #13836, eff 12-28-23