This article is a section taken from MA for People Who Are Age 65 or Older or People Who Are Blind or Have a Disability (MA-ABD), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual.

Asset Evaluation

Medical Assistance for People Who Are Age 65 or Older and People Who Are Blind or Have a Disability (MA-ABD) has specific rules about how the value of a person’s assets affects the person’s eligibility for coverage.

Information about how to evaluate different types of assets is discussed in these specific sections:

MA-ABD Annuities
MA-ABD Automobiles and Other Vehicles Used for Transportation
MA-ABD Burial Contracts

MA-ABD Burial Space Exclusion
MA-ABD Burial Fund Exclusion

MA-ABD Continuing Care Retirement Community Entrance Fee
MA-ABD Health Expense Accounts

MA-ABD Health Flexible Spending Arrangements

MA-ABD Health Savings Accounts

MA-ABD Household Goods and Personal Effects
MA-ABD Life Insurance Policies
MA-ABD Liquid Assets
MA-ABD Promissory Notes
MA-ABD Real Property

MA-ABD Homestead Real Property

MA-ABD Non-Homestead Real Property

MA-ABD Life Estates and Remainder Interests

MA-ABD Life Estate Mortality Table

MA-ABD Other Property Interests

MA-ABD Contract for Deed and Other Property Agreements
MA-ABD Retirement Funds & Plans
MA-ABD Tribal Payments and Interests
MA-ABD Trusts

MA-ABD Identifying the Type of Trust

MA-ABD Client Funded Trusts

MA-ABD Medical Assistance Qualifying Trusts

MA-ABD Special Needs Trusts

MA-ABD Pooled Trusts

MA-ABD Third Party Established and Funded Trusts

MA-ABD Supplemental Needs Trusts

Legal Citations

Minnesota Statutes, section 256B.056, subdivision 1a
Minnesota Statutes, section 256B.056, subdivision 3

CREDIT: The content of this post has been copied or adopted from the Minnesota Healthcare Programs Eligibility Policy Manual, originally published by the Minnesota Department of Human Services.

This is also part of a series of posts on Minnesota Healthcare Eligibility Policies.