(1) As used in this section: (a) "ABLE account" means the same as that term is defined in Section 80-2-504. (b) "Federal benefit" means the same as that term is defined in Section 80-2-504. (c) "Minor beneficiary" means the same as that term is defined in Section 80-2-504. (d) "Qualified minor" means a minor beneficiary who is not eligible for an ABLE account or other account that would allow the funds in the account to be disregarded for the purpose of determining resource-eligibility for Medicaid. (2) On or before January 1, 2026, the department shall apply for a Medicaid waiver or state plan amendment to: (a) disregard a qualified minor's federal benefit for the purpose of determining resource-eligibility for Medicaid; or (b) increase the resource-eligibility limit for qualified minors to an amount that would allow qualified minors to remain resource-eligible for Medicaid while also continuing to receive federal benefits.
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