La. Admin. Code tit. 50 § III-301

Current through Register Vol. 50, No. 11, November 20, 2024

Section III-301 - General Provisions

A. Pursuant to §7001(d) of the Supplemental Appropriations Act of 2008 ( P.L. 110-252 ) and §1940 of the Social Security Act, the department hereby establishes provisions to implement an Asset Verification Program (AVP) for Louisiana Medicaid.

B. The department will provide for the verification of assets for the purposes of determining or redetermining (renewing) Medicaid eligibility for aged, blind and disabled Medicaid applicants and recipients of Medicaid using an asset verification system (AVS) which meets the following requirements.

1. The request and response system will be an electronic system and meet the following criteria.

a. Verification inquiries will be sent electronically via the internet or similar means from Medicaid to the financial institution (FI).

b. The system will not be based on mailing paper-based requests.

c. The system will have the capability to accept responses electronically.

C. The system will be secure, based on a recognized industry standard of security.

D. The system will establish and maintain a database of the FIs that will participate in the departments AVS as mandated by federal requirements.

La. Admin. Code tit. 50, § III-301

Promulgated by the Department of Health and Hospitals, Bureau of Health Services Financing, LR 42901 (6/1/2016).

AUTHORITY NOTE: Promulgated in accordance with R.S. 36:254 and Title XIX of the Social Security Act.