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5160:1-6-06.1 - Medicaid: treatment of annuity purchases and transactions. (Amend/Final File)

Ohio Medicaid·OH·Medical Policy
Effective date
Jan 1, 2024
We identified it
Jun 20, 2026
Days to comply

Summary

Ohio Medicaid has updated Rule 5160:1-6-06.1 regarding the treatment of annuity purchases and transactions for Medicaid eligibility determination. This amendment affects how annuities are evaluated when determining patient eligibility for Medicaid benefits, effective January 1, 2024.

Action Required

Action needed
By January 1, 2024: Billing team should verify Medicaid eligibility more carefully for patients who may have annuity assets, as eligibility determination rules have changed. Contact Ohio Medicaid at 614-752-3877 for specific guidance on how annuity transactions affect patient eligibility status.