1991-Spenddown-and-Old-Medical-Bills
Guidance for: This letter addresses a question regarding whether current payments on a loan (including interest on the loan) are deductible in the medically-needy spenddown if the loan is (or was) taken out to pay off an "old" medical bill. The response provides the conditions under the policy that loan payments may be applied.
Issued by: Centers for Medicare & Medicaid Services (CMS)
Issue Date: October 01, 1991
DISCLAIMER: The contents of this database lack the force and effect of law, except as authorized by law (including Medicare Advantage Rate Announcements and Advance Notices) or as specifically incorporated into a contract. The Department may not cite, use, or rely on any guidance that is not posted on the guidance repository, except to establish historical facts.