Reimbursement; proceeds of annuity contracts

Ind. Code § 12-15-9-7, under Chapter 9. Death and Funeral Expenses; Claims Against an Estate.

Ind. Code § 12-15-9-7

Sec. 7. A person receiving beneficiary payments from an annuity contract of a deceased Medicaid recipient is liable to the state for reimbursement of Medicaid benefits: (1) paid to; or (2) on behalf of; the deceased Medicaid recipient to the extent of any payments that are received by the person under a annuity contract purchased after May 1, 2005. As added by P.L.246-2005, SEC.110.