New Mexico Register / Volume XXXII, Issue 24 / December 28, 2021
This is an amendment to 8.299.500 NMAC, Sections 8 and
11, effective 1/1/2022.
8.299.500.8 [RESERVED] MISSION: To transform lives. Working with
our partners, we design and deliver innovative, high quality health and human
services that improve the security and promote independence for New Mexicans in
their communities.
[8.299.500.8 NMAC - N, 10/1/2017; A, 1/1/2022]
8.299.500.11 INCOME
ELIGIBILITY: [Income methodology is based on modified
adjusted gross income (MAGI) found at 8.291.430.15 NMAC. Income from a 30 day-period is
used to determine eligibility. If an
amount of income is received less frequently than monthly, that amount is
converted by dividing the total income by the number of months the income is
intended to cover. Income received more
frequently than monthly will be converted using the following multipliers:
A. four
(paid weekly);
B. two
(paid biweekly/semi-monthly).] Income
methodology is based on modified adjusted gross income (MAGI) in accordance
with 42 Code of Federal Regulations (CFR) 435.603. Per 42 CFR 435.603(h)(2) HSD bases financial
eligibility on current monthly household income and family size. Current monthly household income is defined
as a 30-day period. If an amount
of income is received less frequently than monthly, that amount is converted by
dividing the total income by the number of months the income is intended to
cover.
[8.299.500.10 NMAC - N, 10/1/2017; A, 1/1/2022]