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.


Assets are items of value that people own like bank accounts, stocks and bonds, cars, and real estate. The asset provisions contained in this subchapter apply to all people who are using a Medical Assistance for People Who Are Age 65 or Older and People Who Are Blind or Have a Disability (MA-ABD) basis of eligibility unless otherwise specified in this chapter.

Categories of Assets

Assets fall into two categories, excluded and countable.

  • Excluded assets: Certain types and amounts of assets are excluded and do not count against a person’s asset limit. Any assets that are not specifically excluded are countable.
  • Countable assets: Countable assets are evaluated for availability and may count towards the person’s asset limit.
    • Available assets: count against the asset limit
    • Unavailable assets: do not count against the asset limit

Income received in a given month is not an asset in that month. If retained beyond the month of receipt, income becomes an asset.

This subchapter provides policy about a person’s assets under one of the bases of eligibility for MA-ABD.

MA-ABD Household Composition and Family Size

MA-ABD Asset Limits

MA-ABD Asset Deeming

MA-ABD Excluded Assets

MA-ABD Countable Assets

MA-ABD Unknown Assets

MA-ABD Excess Assets

MA-ABD Asset Evaluation

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.