MS HB992

Prohibits Mississippi state agencies from seeking repayment of Medicaid benefits from Mississippi ABLE accounts or their proceeds, unless required by federal Social Security Act Section 1396p(b).

Specifies that Mississippi ABLE accounts and their funds are not considered part of a beneficiary's estate for purposes of Medicaid estate recovery under state law.

Removes language allowing Medicaid agencies to file claims against ABLE accounts upon a designated beneficiary's death and eliminates ABLE accounts from the state's creditor status.

Exempts amounts in Mississippi ABLE accounts from Medicaid patient personal deposit fund provisions and from Medicaid estate recovery claims against deceased recipients.

Takes effect July 1, 2025.