Page 1 - 131LR1230(02)
STATE OF MAINE
_____
IN THE YEAR OF OUR LORD
TWO THOUSAND TWENTY-THREE
_____
S.P. 201 - L.D. 446
Resolve, to Update Allowable Limits on Mortuary Trusts for the Purposes of
MaineCare Eligibility
Sec. 1.
prepaid burial contracts considered unavailable for use as an asset for
purposes of MaineCare eligibility. Resolved: That the Department of Health and
Human Services shall amend its rule Chapter 332: MaineCare Eligibility Manual, Part 16
to increase the amount of a prepaid burial contract from $12,000 to $18,000 that is
considered unavailable for use as an asset in determining eligibility for MaineCare and
further provide that the amount of a prepaid burial contract considered unavailable for use
as an asset in determining eligibility for MaineCare must be increased on January 1, 2025,
and every year thereafter, by the same percentage as the percentage increase of the
Consumer Price Index for the preceding year. For purposes of this section, "Consumer
Price Index" has the same meaning as in the Maine Revised Statutes, Title 5, section 17001,
subsection 9.
APPROVED
JUNE 12, 2023
BY GOVERNOR
CHAPTER
34
RESOLVES