995049 Florida Senate - 2014 Committee Amendment SB7090 AHS 19 The Committee on Appropriations(Bean) recommended the following amendment:Section: 03 EXPLANATION: On Page: 055 Establishes standards for burial insurance to assure consumers can prepare for their final burial Spec App: 236 expenses without adversely affecting Medicaid eligibility. This amendment also allows a person to hold a burial policy that is not assigned to a trust or tied to a particular funeral home and can move with them as their life circumstances change. NET IMPACT ON: Total Funds General Revenue Trust Funds Recurring - 0 0 0 Non-Recurring - 0 0 0 ______________________________________________________________________________________ Positions & Amount Positions & Amount DELETE INSERT AGENCY FOR HEALTH CARE ADMINISTRATION Program: Health Care Services Medicaid Long Term Care 68501500 In Section 03 On Page 055 236 Special Categories 100602 Assistive Care Services IOEE Immediately preceding Specific Appropriation 236, INSERT: From funds in Specific Appropriations 236 through 245 the Agency for Health Care Administration, in consultation with the Department of Children and Families, shall prepare a Medicaid State Plan amendment to exempt the value of life insurance policies, annuities or group certificates used exclusively for burial expenses of the owner in determining eligibility for Medical Assistance as defined by section 409.901(21), Florida Statutes. The state plan amendment shall conform to limits established in section 626.785(3), Florida Statutes, and with any other applicable requirements of state and Federal law. Prior to submission of the Medicaid State Plan amendment for approval, the Social Services Estimating Conference shall prepare an estimate of any projected fiscal impact and the agency shall submit the state plan amendment along with the estimate to the Legislative Budget Commission995049 Log:0061 RTF/RTF 03/25/14 08:23:11 PM Senate Page: 1 for review and approval.995049 Log:0061 RTF/RTF 03/25/14 08:23:11 PM Senate Page: 2