|
All Medicaid Programs |
|
Obsolete Policy |
This section defines assets, provides the limits for the different programs, explains how to count them, and lists assets that are not countable. Different asset rules apply to different program types described in this manual. The areas where the rules are different are clearly indicated.
A client's assets must be considered to determine eligibility for:
Medically Needy Medicaid programs,
Poverty level Aged, Blind and Disabled Medicaid
Medicare cost-sharing programs (QMB, SLMB, and QI)
Long-term care Medicaid (Nursing home and waiver programs)
A client’s assets are not used to determine eligibility for MAGI type medical programs. These programs are:
Medicaid for parents and other care-taker relatives,
Medicaid for infants and children under age 19,
Medicaid for pregnant women,
Primary Care Network (PCN)
Utah’s Premium Partnership (UPP)
Special asset rules that apply to individuals needing long-term care are found in Sections 371 and 373. Those policies include the section on Spousal Impoverishment policy which describes how assets are divided between a nursing home or waiver eligible spouse and the community spouse and policy about Transfer of Assets for Less Than Fair Market value.