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MedicaidAdministrativeLow impact

One-Time Economic Recovery Payment

Illinois Medicaid - HFS·IL · Geriatrics·Provider Notice
Effective date
May 1, 2009
We identified it
Jun 21, 2026
Days to comply

Summary

The U.S. Treasury will distribute one-time $250 economic recovery payments to federal benefit recipients starting May 2009 under ARRA. For long-term care facilities, these payments are exempt from asset calculations for 9 months, but any remaining funds after 9 months count toward the $2,000 asset limit and may require resident notification if total assets reach $1,800.

Action Required

Action needed
This policy from 2009 is outdated and not actionable for current billing operations. If similar economic recovery payments are issued in the future, long-term care billing teams should track resident asset levels and notify residents per Illinois Administrative Code 140.518(g) when combined assets approach $1,800.