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   Sec. 5. Except as provided in section 7 of this chapter, the office may set the total cash value of money, stock, bonds, and life insurance that an applicant for or a recipient of Medicaid may own without being ineligible for Medicaid in cases not described in section 1 of this chapter (expired).

[Pre-1992 Revision Citation: 12-1-7-18.5(e).]

As added by P.L.2-1992, SEC.9. Amended by P.L.196-2011, SEC.6; P.L.9-2024, SEC.331.