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Medicaid Asset Verification: New Rules for Beneficiaries

This act introduces mandatory asset verification for all Medicaid applicants and recipients. The goal is to reduce improper payments and ensure that aid reaches those truly in need. These changes may affect the application process for benefits and require states to implement new verification systems.
Key points
All Medicaid applicants and recipients will undergo asset verification to confirm eligibility.
States must implement electronic asset verification programs within two years of the act's enactment.
States can retain savings from these changes to support maternal and child health programs or other Medicaid purposes.
The act aims to reduce waste of public funds in social programs.
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Additional Information
Print number: 117_S_3917
Sponsor: Sen. Inhofe, James M. [R-OK]
Process start date: 2022-03-24