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Title 8: Medicaid Page 131 Iowa Department of Health and Human Services Employees’ Manual Chapter D: Resources Specific Non-MAGI-Related Resources September 13, 2024 Vehicles Vehicles (Cont.) c. The equity value of any vehicle, other than the one wholly excluded, is a resource when it:  Is owned by the individual; and  Cannot be excluded under another reason (e.g., property essential to self-support, plan to achieve self-support).

3. Count the equity value of any other vehicles.

4. Count the equity value of any vehicles used solely for purposes other than transportation, such as racing cars or antiques toward the resource limit. These vehicles are personal property, not household goods.

Do not count any vehicle that the applicant or member sold, even if the buyer has not recorded the title transfer with the appropriate authority.

To determine the value of vehicles, use a “blue book,” such as the National Automobile Dealers Association (NADA) Used Car Guide Book.

Find the amount listed in the column for “average trade-in value.” To find the specific value of the vehicle, use the value corresponding to the options that the vehicle has. If the vehicle is not listed in the “blue book,” contact a motor vehicle dealer or knowledgeable source in the community. Victim’s Compensation Funds 20 CFR 416.1201, 20 CFR 416.1210, 20 CFR 416.1229 Exclude for nine months funds paid through the Crime Victim Reparation program. The Iowa Department of Justice administers this program, which compensates victims of crime for expenses incurred or losses suffered as a result of a crime. The funds should be separate and identifiable. Expenses paid by the Crime Victim Reparation Program include:

 Medical bills.  Lost wages.  Loss of support.  Clothing held in evidence.  Counseling.  Burial.