Page 15

Louisiana Medicaid Eligibility Manual Eligibility Factors

Reissued June 9, 2026

Page 15 of I-1630 Replacing September 23, 2024

Revised/added text indicated by underscore

Deleted text indicated by “**”

• Correctly name the account at the financial institution, or

• Convert their share to a correctly named account.

Do not count the value of the funds if the holder(s) of the account:

• Will not acknowledge the applicant/beneficiary's ownership of the funds, or

• Denies the applicant/beneficiary access to the funds.

Verification of value of the funds shall include written statements from the applicant/beneficiary and the holder of the account.

Charitable Funds Bank Accounts

Count the value of funds in an account set up to receive and hold charitable contributions if:

• The name of the applicant/beneficiary is on the account, and

• The funds are available to the applicant/beneficiary.

Dedicated Accounts

Do not count as a resource. Account set up for a person under 18 years of age with a representative payee, who is eligible for a lump sum for past-due SSI benefits. If the lump sum is 6 times the FBR, SSA requires the representative payee to establish a dedicated account in a financial institution for the money to be deposited. Subsequent past due benefits may be but are not required to be deposited in the account. The money is to be kept separate from other money and used for certain expenses. Do not count interest earned on the accounts as income or resources.

Direct Express Card Account

The Direct Express Card allows individuals receiving Social Security or Supplemental Security Income payments to have