This Policy Memorandum clarifies the definitions and accepted use, based on federal guidelines, of the terms resources, income and assets, as follows:
As the manual is revised, the use of these terms will be updated to be consistent with their use in federal law.
Using the term resources to replace assets affects a large number of PM and WAG pages. Many of those pages are being updated in conjunction with a manual release entitled "LTC and Community AABD Changes including those to Comply with the Deficit Reduction Act of 2005 and the 2012 Illinois SMART Act."
Illinois Department of Human ServicesJB Pritzker, Governor · Grace B. Hou, Secretary
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