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All Medicaid Programs |
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Obsolete Policy |
Effective Date: July 1. 2002 - December 31, 2013
A client's assets must be considered to determine eligibility for Medicaid, QMB, SLMB, and QI. Different asset rules apply to different program types described in this manual. The areas where the rules are different are clearly indicated.
A major part of this section discusses assets attributable to institutionalized clients. The section on Spousal Impoverishment policy describes how assets are divided between a nursing home or waiver eligible spouse and the community spouse. The policy about Transfer of Assets for Less Than Fair Market value is included as well.
This section defines assets, provides the limits for the different programs, explains how to count them, and lists assets that are not countable.