(a) To be eligible to participate in the buy-in program beginning July 1, 2003, an individual shall:

1. (1) Be a resident of the State of West Virginia;
2. (2) Have a disability that is defined and determined by the social security administration or the department;
3. (3) Be at least sixteen years of age but not more than sixty-four years of age;
4. (4) Be engaged in competitive employment, including self-employment or nontraditional work that results in remuneration at or above minimum wage in an integrated setting;
5. (5) Have countable resources that do not exceed the resource limit for the supplemental security income program;
6. (6) Have countable income that does not exceed two hundred fifty percent of the federal poverty level;
7. (7) Have total countable unearned income, using the social security income program methodology, that does not exceed the federal benefit rate plus the general income exclusion; and
8. (8) Except as provided in section five of this article, not have countable resources that exceed the resource limits for the federal supplemental security income program.