Welcome! Asset Verification Service (AVS) The purpose of AVS is to - - PowerPoint PPT Presentation

Welcome!

Asset Verification Service (AVS) The purpose of AVS is to automate verification of assets for initial and re-determinations for OSIP-M consumers without SSI.

11/8/18 Introduce Project Team Introduce Project Future Presentations High-Level Timeline Q&A Asset Verification Service – Kick-Off

Project Communications Team

• Nate Singer (Project Sponsor)
• Brandon Crews (Project Director)
• Gwen Ayers (Communications)
• Tyler Mitchell (Communications)

Asset Verification Service (AVS)

• What is AVS?

A browser-based service for verifying assets belonging to consumers who require a 60- month asset review (OSIP-M without SSI).

Asset Verification Service (AVS)

• Why AVS?

Social Security Act, Section 1940: “…each State shall implement an asset verification program… for purposes of determining or redetermining the eligibility of an individual for medical assistance under the State plan under this title.”

Asset Verification Service (AVS)

Automatic batch processing through AVS Portal Designated staff process requests through AVS Portal

Results are made available to Field Staff

Renewals New Applications

Field Staff AVS Portal Field Staff AVS receives verification of assets

Asset Verification Service

Asset Verification Service (AVS)

• 1. Initial Eligibility Interview – Process will

be similar, however Eligibility Workers will not need to gather bank statements, etc.

• 2. AVS Request Submitted – Designated

staff at local offices will submit requests via AVS Web Portal

Asset Verification Service (AVS)

• 3. AVS verifies assets via financial

institutions, returning the following information:

– Account branch name – Account branch address – Account owner(s) – Beginning-of-the-month account balances – And more! Full details can be found on the FAQ

Asset Verification Service (AVS)

• 3. (Continued)

Everything will be available in the Portal.

Average Response Time from Financial Institutions 1.5 Days 90% of Responses 5 Days 95% of Responses 10 Days 99% of Responses 15 Days

Asset Verification Service (AVS)

• 4. Information from Portal will be need to be

narrated in Oregon Access

– Findings in Portal can be exported as PDF

Asset Verification Service (AVS)

• How will this affect Eligibility Workers?

– Consumers will not have to send bank statements or other financial documents for asset verification purposes. – Reduce some of the workload and time spent verifying assets. – Selected users will be utilizing a new tool to verify assets (Training WILL be provided!)

Future Presentations

• Follow up in 2 weeks! Bring questions!
• After that…

– One every two weeks, on Thursdays unless

• therwise specified.

High-Level Timeline

• Kick-Off (NOW!)
• Testing – Early December
• Training – Early-to-mid December
• Implementation – End of December

Q & A

• Please submit questions via the Q & A

Section below presentation.

• AVS.Project@State.OR.US