Page 22

Louisiana Medicaid Eligibility Manual Eligibility Factors

Reissued June 9, 2026

Page 22 of I-1630 Replacing September 23, 2024

Revised/added text indicated by underscore

Deleted text indicated by “**”

• All or part of the CSV of all life insurance policies which were used to determine total countable resources because the total face value was over $1,500 ($10,000 for Non-MAGI Related Medically Needy program, MPP, and the special income level group [LTC, individual in a medical institution for at least 30 days or receiving waiver services for 30 consecutive days]).

• Revocable burial contracts;

• Revocable burial trusts;

• Other revocable burial arrangements (including the value of certain installment sales contracts for burial spaces);

• Cash;

• Savings or checking accounts; or

• Other financial instruments with a definite cash value (stocks, bonds, certificate of deposit, etc.).

Funds must be clearly designated for the individual's or spouse's burial expenses. Property other than listed above will not be considered as burial funds.

A maximum exclusion of up to $1,500 ($10,000 for Non-MAGI Related Medically Needy program, MPP, and the special income level group [LTC, individual in a medical institution for at least 30 days or receiving waiver services for 30 consecutive days]) each in funds set aside is allowed for:

• The burial expenses of the individual; and

• The burial expenses of the individual's spouse.

The burial fund exclusion is separate from and in addition to the burial space exclusion. Burial funds may include payments made on installment contracts for burial spaces which do not qualify for the burial space exclusion.

The maximum $1,500 ($10,000 for Non-MAGI Related Medically Needy program, MPP, and the special income level group [LTC, individual in a medical institution for at least 30 days or receiving