Massachusetts legislation · 194th General Court
Massachusetts S730: An Act to increase the Medicaid life insurance exemption
Status: Failed, December 8, 2025
What the bill says
From the introduced text, February 27, 2025:
Section 25 of chapter 118E of the Massachusetts General Laws, as most recently appearing, is hereby amended by inserting at the end thereof the following new section:- (6)(A) For the purposes of this section the following words shall have the following meanings: “Cash Surrender Value (CSV)”, shall mean, the amount available in cash upon cancellation of an insurance policy before it becomes payable upon death or maturity. “Term Life Insurance”, shall mean, insurance that provides coverage for a set period and does not accumulate any cash value. These policies are excluded from Medicaid asset calculations. “Permanent Life Insurance”, shall mean, whole life, universal life, and any other life insurance policies that accumulate cash surrender value over time. (B) The exemption for life insurance policies with cash surrender value when determining Medicaid eligibility shall be $10,000 in face value. This exemption applies to the combined face value of all whole life, universal life, and any other permanent life insurance policies held by the Medicaid applicant or recipient. (C) The face value exemption shall be adjusted for inflation every 5 years based on the Consumer Price Index (CPI). Adjustments will be rounded to the nearest $100. (D) Term life insurance policies shall continue to be excluded from Medicaid eligibility calculations, as they do not accumulate any cash surrender value and are intended …
Sponsors
- Peter Durant (R, Worcester and Hampshire) · primary sponsor
- Tarr, Bruce E. (R, First Essex and Middlesex)
Latest actions
- : Reporting date extended to Wednesday, March 18, 2026
- : Accompanied a study order, see S2814
- : Hearing scheduled for 11/04/2025 from 10:30 AM-01:30 PM in A-2
- : House concurred
- : Referred to the committee on Financial Services
Common questions
- What is S730?
- S730 is a bill in the Massachusetts Legislature (194th General Court): An Act to increase the Medicaid life insurance exemption.
- What is the status of S730?
- Failed as of December 8, 2025. Latest action: Reporting date extended to Wednesday, March 18, 2026 (December 24, 2025).
- Who sponsored S730?
- Peter Durant (R, Worcester and Hampshire), with 1 co-sponsor.
- Where is the official record for S730?
- On the Massachusetts Legislature website: https://malegislature.gov/Bills/194/S730
Source: official Massachusetts record. Tracked by Delilah, AI for legislation across all 50 states and Congress.