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

2.3.3.2.7 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:

1. MA-ABD Annuities

2. MA-ABD Automobiles and Other Vehicles Used for Transportation

3. MA-ABD Burial Contracts

   1. MA-ABD Burial Space Exclusion

   2. MA-ABD Burial Fund Exclusion

4. MA-ABD Continuing Care Retirement Community Entrance Fee

5. MA-ABD Health Expense Accounts

   1. MA-ABD Health Flexible Spending Arrangements

   2. MA-ABD Health Savings Accounts

6. MA-ABD Household Goods and Personal Effects

7. MA-ABD Life Insurance Policies

8. MA-ABD Liquid Assets

9. MA-ABD Promissory Notes

10. MA-ABD Real Property

    1. MA-ABD Homestead Real Property

    2. MA-ABD Non-Homestead Real Property

    3. MA-ABD Life Estates and Remainder Interests

    4. MA-ABD Life Estate Mortality Table

    5. MA-ABD Other Property Interests

11. MA-ABD Contract for Deed and Other Property Agreements

12. MA-ABD Retirement Funds & Plans

13. MA-ABD Tribal Payments and Interests

14. MA-ABD Trusts

    1. MA-ABD Identifying the Type of Trust

    2. MA-ABD Client Funded Trusts

    3. MA-ABD Medical Assistance Qualifying Trusts

    4. MA-ABD Special Needs Trusts

    5. MA-ABD Pooled Trusts

    6. MA-ABD Third Party Established and Funded Trusts

    7. MA-ABD Supplemental Needs Trusts

Legal Citations

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

Minnesota Statutes, section 256B.056, subdivision 3

Published:  June 1, 2016

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