NEW LAW WAIVES BANK FEE FOR STATEMENTS REQUESTED FOR MASSHEALTH APPLICATION

Governor Deval Patrick has signed into law bill H.975, sponsored by Representative Frank Hynes and Senator Gale Candaras, which exempts MassHealth applicants from payment of certain bank fees to reproduce up to five years of retroactive bank records needed for the MassHealth application. Applicants need a written request signed by a MassHealth employee or agent in order to waive the fee. Banking institutions that refuse to provide the statements without charge upon request in a timely manner will be subject to a $50 fine.

An operations memo from MassHealth will soon follow implementing this change into the MassHealth regulations.

-From: “New Law Waives Bank Fee for Statements Requested for MassHealth Application”, The Margolis & Bloom Weekly, June 16, 2008.

06/08