Family and Children's Medicaid MA-3320 RESOURCES

REISSUED 05/01/11-CHANGE NO. 07-11

I. INTRODUCTION

A resource limit of $3,000 applies for applicants and recipients of Medicaid under M-AF and H-SF. Resource limits do not apply for M-PW, M-IC, FPW (MAF-D), IAS, BCCM (MAF-W, MAF-T, MAF-U, or MAF-V) or NCHC.

Resources are assets that a Medicaid applicant, recipient, or member of the budget unit:

A. Owns, or has the right, authority, or power to convert to cash, and

B. Are not legally restricted from using for his support and maintenance.