Revises procedures for processing incomplete Medicaid applications; exempts asset transfers of up to $500 per month during look back period for determining eligibility for long-term care services.

S 1817 revises how New Jersey processes incomplete Medicaid applications, allowing applicants to submit missing information without immediate rejection. It exempts asset transfers of up to $500 per month during the Medicaid eligibility review period for long-term care services, meaning these transfers won't disqualify applicants. This change directly affects individuals applying for Medicaid long-term care who might have made small monthly asset transfers (e.g., to family members). The bill simplifies eligibility determinations by reducing barriers related to incomplete paperwork and minor asset movements.