If a Medicaid caseworker walked into my bank and asked if I had a safe deposit box there would the bank be obligated to tell him? What would the caseworker need to do to obtain this information or access to the box?
There are standard inquiry forms that state Medicaid investigators can use to inquire about bank deposits and possibly other assets. Because Medicaid rules differ somewhat from state to state, the forms in question can't be specifically identified, nor can it be said whether a safe deposit box contract would be the subject of such an inquiry. The government has determined that when there is a compelling public policy reason to allow the verification and identification of certain types of assets during the processing of Medicaid claims.
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There are standard inquiry forms that state Medicaid investigators can use to inquire about bank deposits and possibly other assets. Because Medicaid rules differ somewhat from state to state, the forms in question can't be specifically identified, nor can it be said whether a safe deposit box contract would be the subject of such an inquiry. The government has determined that when there is a compelling public policy reason to allow the verification and identification of certain types of assets during the processing of Medicaid claims.
