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Effective: January 1, 2007 |
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19.55.25.05ar1 - Agricultural Homestead Flowchart (Archive) |
Archived: September 1, 2008 |
Follow this flowchart if the client’s home is not exempt from the home equity limit and has an equity value of $500,000 or more. See the Home Equity Limit Flowchart before beginning this process.
1. Is the home located on 10 or more contiguous acres of land used for agricultural purposes?
l No. Go to Step 2.
l Yes. Determine the equity value of the client’s agricultural homestead using the fair market value (FMV) on the tax record. Go to Step 3.
2. Is the land exclusively and intensively used for raising or cultivating agricultural products?
l No. The client does not have an agricultural homestead and is not eligible for MA payment of LTC services.
l Yes. Determine the equity value of the client’s agricultural homestead using the fair market value (FMV) on the tax record. Go to Step 3.
3. Is the client’s verified ownership interest of the agricultural homestead’s equity less than $500,000?
l No. The client is not eligible for MA payment of LTC services. Code MMIS to prohibit MA payment of LTC services. Send the manual notice or update worker comments as directed.
l Yes. The client is eligible for MA payment of LTC services if all other eligibility requirements are met. Send the manual notice or update worker comments as directed.