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MEDICAL ASSISTANCE INCOME TRUST (MAIT) Article 1: Establishment of the Trust A. This Trust Agreement as authorized by 42 U.S.C. 1396(p)(d)(4)(B) and Iowa Code 633C.1(6) is established on the date
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42 USC 1396p is a section of the United States Code that pertains to the Medicaid program, specifically addressing the treatment of assets and eligibility for benefits for individuals applying for Medicaid.
Individuals applying for Medicaid benefits are required to file under 42 USC 1396p to provide information regarding their assets and income.
To fill out the form related to 42 USC 1396p, individuals must provide detailed information about their financial circumstances, including assets, income, and any transfers of property.
The purpose of 42 USC 1396p is to establish regulations surrounding asset eligibility for Medicaid, ensuring that individuals meet certain financial criteria before receiving benefits.
Individuals must report detailed information about their income, assets, any transfers or gifts given away, and other financial resources.
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