This article is a section taken from MA for Families with Children and Adults (MA-FCA), 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.
Medical Assistance for Families with Children and Adults (Without a Medical Spenddown)
There is no asset limit for Medical Assistance (MA) for Families with Children and Adults.
Medically Needy Medical Assistance for Children and Pregnant Women (With a Medical Spenddown)
Children and pregnant women eligible for MA with a spenddown have no asset limit.
Medically Needy Medical Assistance Parent/Caretaker Relatives (Medical Spenddown)
Parents and caretaker relatives eligible for MA with a spenddown have the following asset limits:
$10,000 asset limit for a household of one
- $20,000 for a household of two or more
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.