Page 18

Louisiana Medicaid Eligibility Manual Eligibility Factors

Reissued June 9, 2026

Page 18 of I-1630 Replacing September 23, 2024

Revised/added text indicated by underscore

Deleted text indicated by “**” • Will not allow the bond to be cashed, and

• In the case of a co-owner, will not cash the bond and give the individual their share of its value.

Physical possession does not apply to electronic bonds.

U.S. Savings Bonds are subject to a mandatory retention period before they can be redeemed and therefore are excluded from resources as following:

• Series E, EE, and I bonds issued prior February 1, 2003 for the first 6 months,

• Series EE and I bonds issued on or after February 1, 2003 for the first 12 months, and

• Series H and HH bonds for first 6 months regardless of the issue date.

Count the current cash value as a resource the month following the last month of the exclusion period.

To determine the value of E, EE and I Paper Bonds:

• Use the tools at TreasuryDirect.gov such as theSavings Bond Calculator;

• Use a current copy of the Table of Redemption Values for U.S. Savings Bonds; or

• As a last alternative, obtain the value from a local bank.

To determine the value of E, EE, or I Electronic Bonds ask the applicant/beneficiary to obtain the “Current Holdings” list from the Treasury Direct web site, http://www.savingsbonds.gov/. Electronic bonds have no set denominations (can be purchased in any amount between $25 and $30,000) so the value cannot be determined the same as paper bonds.

If the individual alleges that the Current Holdings list cannot be obtained because the password or account number has been lost, the individual must contact the Treasury Department to retrieve them.