An individual applying for long-term care medical assistance and an individual whose eligibility is being reviewed for purposes of determining whether the individual continues to be eligible for long-term care assistance must disclose the description of any interest the individual or the individual's spouse has in an annuity or similar financial instrument. Failure to disclose this information results in ineligibility for assistance.
S.D. Admin. R. 67:46:05:52
General Authority: SDCL 28-6-1.
Law Implemented: SDCL 28-6-1.
Disclosure of annuities required, 42 U.S.C. § 1396 lp(e)(1).