N.J. Admin. Code § 10:141-1.4

Current through Register Vol. 56, No. 21, November 4, 2024

Section 10:141-1.4 - Expenditure caps and limitations

(a) Services provided to an individual by the Fund will not exceed a lifetime total of $ 100,000.

(b) Expenditures for an individual shall not exceed $ 15,000 to be expended in any 12-month period, known as a funding year.

(c) An applicant may apply to the Fund for a waiver of these expenditure limits where the applicant can demonstrate extraordinary hardship to the satisfaction of the Committee. Hardship circumstances to be considered may include, but are not limited to, loss of income, extreme medical need, and potential functional decline of the applicant. Waivers will be at the discretion of the Committee, and will be considered only in emergent circumstances or cases of extreme hardship.

(d) Funding awarded to a beneficiary that has not been utilized at the end of a funding year shall be returned to the Fund, and shall not be counted against the beneficiary's annual and lifetime caps.

(e) During periods where the Fund has insufficient financial resources to meet its obligations, the Division may, at its discretion, lower the annual cap per Fund beneficiary found in (b) above for a period not to exceed 12 months.

N.J. Admin. Code § 10:141-1.4

Amended by 49 N.J.R. 1683(a), effective 6/19/2017