Family and Children's Medicaid MA-3320 RESOURCES

II. REQUIREMENTS

A. Count resources of applicants/recipients and budget unit members. Refer to MA-3305 , M-AF, MIC, H-SF Budgeting, for definition of budget unit.

B. The resource limit for M-AF and H-SF is $3,000.

HSF and IAS children eligible for the Expanded Foster Care Program (EFCP) are exempt from the assets limits through the month the child turns age 21. Refer to MA-3230, Eligibility of Individuals Under Age 21

C. Assets or resources for Medicaid purposes include liquid assets and personal property.

D. For applications, Medicaid can be authorized on the day of the month during the certification period (c.p.), either retroactive or ongoing, that the value of all countable resources is within the allowable limit, assuming all other eligibility requirements are met. This includes the month a change in resources occurs and is applicable regardless of classification. However, if resources go above allowable limits again, do not authorize until resources go below allowable limit.

E. For ongoing cases, Medicaid can not be authorized if countable resources exceed the allowable limit. This includes when a change in resources occurs and is applicable regardless of classification.

1. Deny an application unless resources will be reduced within the application processing time standard. Refer to MA-3215, Processing the Application, for procedures, or

2. Terminate an on-going case unless resources are reduced before the proposed termination date. When termination of benefits is proposed because excess resources have been verified, the date of verification must be no more than 30 days prior to the date of termination, except for items which are not subject to change within a 6 month period.

REVISED 05/01/11 – CHANGE NO. 07-11

(II.E.)

3. If the review pends or the verifications are no longer acceptable and new verifications must be obtained, retain the previous verifications for the period they cover, in case they are needed in the future or for an appeal.

F. There are special procedures for a married individual who becomes institutionalized or applies for CAP. The spouse that remains in the community may be able to keep a share of the couple’s assets. Refer to MA-3322, Community Spouse Resource Protection, for policy principles.

G. CHANGE IN SITUATION

Always verify resources for the month of change. Follow procedure in II above.

For questions or clarification on any of the policy contained in these manuals, please contact your local county office.