NJ A4327

Exempts asset transfers of up to $500 per month from triggering Medicaid ineligibility during the 60-month look-back period for long-term care services eligibility

Requires county welfare agencies to notify Medicaid applicants when applications are deemed incomplete, specifying exactly what information is missing and that the application will be reviewed upon receipt of the missing information

Conforms New Jersey statute to federal law by applying the 60-month look-back period to all asset transfers, replacing the previous distinction between 36 months for general transfers and 60 months for trust transfers

Directs the Commissioner of Human Services to apply for necessary federal State plan amendments to implement the changes and secure federal Medicaid matching funds

Takes effect on the first day of the fourth month following enactment