Assets

Health care > Who is eligible

Income limits
Income and asset limits by program (PDF)

Asset assessment for long-term care
coverage (PDF)

Program FAQs
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Assets are things such as cars, checking and savings accounts, the home you live in and other real estate. There are different asset limits for different people and programs. In most cases, your home and a car will not count against the asset limit.

How many assets can I have and still get coverage?

How many assets you can have depends on which program you qualify for, your age and how many people are in your household. Some programs do not have an asset limit. There is no asset limit for pregnant women and children under 21. If you have more assets than the limit allows, call your county to see what your options may be. The limits below are effective March 1, 2011.

Children
Pregnant women

Parents

People 65 and older

People who are blind or have a disability

People who have disabilities and are employed
Help with Medicare costs

Adults without children

Family planning coverage

Breast and cervical cancer coverage

Can I get help paying for nursing home care or waiver services if I have more assets than the limit allows?

Medical Assistance (MA) helps pay for nursing home care and waiver services. There are special rules when MA pays for long-term care, either at home or in a facility like a nursing home. You may have to pay for some of your care before MA will pay, depending on the amount of assets you have. It is important that you:

  • • Talk to your worker before you or your spouse sell or give away any assets, including cash.
  • • Have an asset assessment (PDF) done by the county if you are married.
  • The brochure Medical Assistance for People Living in a Nursing Home or Getting Elderly Waiver Services (PDF) gives you more information about how assets affect MA payment of long-term care services. (The brochure may take some time to open if using a dial-up Internet connection.)

    If I get coverage will you put a lien on my house?

    A lien is a claim on your house to get repayment of health care costs that the state paid. A lien may be filed against your house if you receive MA and

  • • You live in a hospital or long-term care facility such as a nursing home, and
  • • You are not expected to return home, and
  • • Your spouse or certain other family members are not still living in your house.
  • Ask your county if the state or county will file a lien.

    Minnesota Health Care Programs Asset Limits

    Effective March 1, 2011

     

    Asset limit

    Pregnant women

     

    Medical Assistance

    No limit

    MinnesotaCare

    No limit

    Children under 21

     

    Medical Assistance

    No limit

    MinnesotaCare

    No limit

    Parents and relative caretakers with children under 19

     

    Medical Assistance

    Family size of two or more: $20,000

    MinnesotaCare

    See Parents, relative caretakers, legal guardians and foster parents with children under 21

    Parents, relative caretakers, legal guardians
    and foster parents with children under 21

     

    Medical Assistance

    See Parents and relative caretakers with children under 19

    MinnesotaCare

    Family size of two or more: $20,000

    People 65 or older and
    people who are blind or have a disability

     

    Medical Assistance

    Family size of one: $3,000
    Family size of two: $6,000
    Add’l family members Add $200 per person

    Medical Assistance for Employed People with Disabilities (MA-EPD)

    Per person: $20,000

    MinnesotaCare

    Family size of one: $10,000
    Family size of two or more: $20,000

    Help with Medicare costs

     

    Qualified Medicare Beneficiary (QMB)

    Family size of one: $10,000
    Family size of two or more: $18,000

    Services Limited Medicare Beneficiary (SLMB)

    Family size of one: $10,000
    Family size of two or more: $18,000

    Qualified Individual (QI)

    Family size of one: $10,000
    Family size of two or more: $18,000

    Qualified Working Disabled (QWD)

    Family size of one: $ 4,000
    Family size of two or more: $ 6,000

    Adults without children

     

    Medical Assistance

    No limit

    MinnesotaCare

    Family size of one: $10,000
    Family size of two: $20,000

    Other programs

     

    Medical Assistance for
    Breast and Cervical Cancer

    No limit

    Minnesota Family Planning Program

    No limit

    Contact us
    County offices phone numbers and addresses

    MinnesotaCare phone numbers and addresses


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