Photo courtesy of kenary820/Shutterstock Reinstating Woman's Medicaid Benefits, NJ Appeals Court Rules Annuity Contract Is Irrevocable
Two clauses in the contract at issue in this case include an irrevocability clause and an amendment clause of the contract.
October 18, 2022 at 04:36 PM
6 minute read
Health Care Law
In the first published Appellate Division opinion since September, the court weighed whether an irrevocable annuity contract is rendered revocable by an amendment clause and therefore considered a resource under New Jersey's Medicare provisions.
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