Medical Assistance for Families with Children and Adults
2.2.3.1. Asset Limits
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 People (With a Medical Spenddown)
Children and pregnant people 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
Legal Citations
Minnesota Statutes, section 256B.056