Annuities

An MA member who requests long-term-care services must designate DHS as a preferred remainder beneficiary of any annuity that the member (or the member’s spouse) has an interest in. See Minnesota Statutes, section 256B.056, subdivision 11. See also Annuity Designation for MA-LTC Applicants (DHS-5036).

When payments become due under such an annuity, the annuity issuer must ask DHS to provide a written statement of the total amount MA paid for the institutionalized person, or confirmation that any family member designated as a remainder beneficiary meets requirements for qualification as a beneficiary in the first position. See Minnesota Statutes, section 256B.0594. See also Minnesota Statutes, section 256B.056, subdivision 11, paragraph (d).

If the issuer asks you for the information, provide the issuer with the address and telephone number of the DHS Special Recovery Unit (SRU):

PO Box 64995
St. Paul, MN 55164-0995
Phone: 651-431-3204
Fax: 651-431-7431