This article is a section taken from Medical Assistance (MA), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual.

Medical Assistance (MA) Asset Limits

Assets are items of value that people own like bank accounts, stocks and bonds, cars and real estate.

Asset Limit for Medical Assistance Families with Children and Adults (Without a Spenddown)

There is no asset limit for Medical Assistance (MA) for Families with Children and Adults.

Asset Limit for Medically Needy Medical Assistance for Children and Pregnant Women (With a Spenddown)

Children and pregnant women eligible for MA with a spenddown have no asset limit.

Asset Limit for Medically Needy Medical Assistance Parent/Caretaker Relatives (With a Spenddown)

Parents and caretaker relatives eligible for MA with a spenddown have the following asset limit:

  • $10,000 asset limit for a household of one

  • $20,000 for a household of two or more

See the MA for Families and Children Medical Spenddown policy for more information.

Asset Limit for Medical Assistance for People Who Are Age 65 or Older and People Who Are Blind or Have a Disability

There is an asset limit for MA for People Who Are Age 65 or Older and People Who Are Blind or Have a Disability (MA-ABD), including those with a medical or long-term care spenddown. The asset limits are:

  • $3,000 for a household of one

  • $6,000 for a household of two

  • $200 for each additional household member

See the MA-ABD subchapter for more information.

Asset Limit for Medical Assistance for Employed Persons with Disabilities

MA for Employed Persons with Disabilities (MA-EPD) has the following asset limit:

  • $20,000

See the MA-EPD subchapter for more information.

Asset Limit for Refugee Medical Assistance

Refugee MA (RMA) has the following asset limit:

  • $10,000 asset limit for a household of one

  • $20,000 for a household of two or more

See the RMA section for more information.

Legal Citations

Code of Federal Regulations, title 26, section 1.36B-1
Minnesota Statutes, section 256B.056

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.