5101:1-39-20.2 Medicaid: computation of income into converted monthly income.

Gross nonexempt income (both earned and unearned) which is received in a frequency other than monthly must be converted to a standard month rather than adjusting income each month.

(A) Income received on a weekly basis is multiplied by 4.3.

(B) Income received biweekly (every two weeks) is multiplied by 2.15.

(C) Income received semimonthly (twice a month) is multiplied by 2.

R.C. 119.032 review dates: 4/16/2002 and 04/16/2007

Promulgated Under: 111.15

Statutory Authority: 5111.01, 5111.011

Rule Amplifies: 5111.01, 5111.011

Prior Effective Dates: 5/1/91 (emer.), 6/17/91