The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides certain federal payments to eligible individuals to assist them economically during the Coronavirus public health emergency. The federal legislation establishing these payments provides protections so that these payments do not prevent eligibility for the Medicaid and Children’s Health Insurance Program (CHIP).
Payments to individuals of $600 per week that are received in addition to regular unemployment benefits are called Supplemental Federal Pandemic Unemployment Compensation (FPUC). When calculating financial eligibility for all NJ FamilyCare programs (Medicaid and CHIP), these payments are not countable as income.
One time stimulus payments, also known as “recovery rebates,” of $1200 for most individuals and $500 for most children under 17 are also not countable as income for all NJ FamilyCare programs (Medicaid and CHIP). In addition, for Medicaid programs that have resource limits, these payments are excluded from resources for one year.