Page 30

Louisiana Medicaid Eligibility Manual Eligibility Factors

Reissued June 9, 2026

Page 30 of I-1630 Replacing September 23, 2024

Revised/added text indicated by underscore

Deleted text indicated by “**” • Chicago Resilient Communities Cash Assistance Pilot

 Dividend Accumulations from Life Insurance

Dividend accumulations are dividends that the policy owner has received but left in the custody of the insurer to accumulate interest (similar to money in a bank account). They are not a value of the policy as the owner can obtain them at any time without affecting the policy’s face value or cash surrender value.

Dividend accumulations cannot be excluded under the life insurance exclusion, even if the policy itself is excluded as a resource.

Count as a resource unless they can be excluded under another provision (e.g., designated for burial).

Do not count interest as income in the month of receipt.

 Earned Income Tax Credits (EITC) and Child Tax Credits (CTC)

Exclude from countable resources any EITC or CTC payment received prior to March 2, 2004 either as an advance or refund for one month following the month of receipt. For those payments received on or after March 2, 2004, exclude for nine months following the month of receipt. For those payments received on or after January 2, 2013, exclude for twelve months following the month of receipt. Any funds retained as of the first moment of the month following the exclusion period are a countable resource.

Count interest paid on unspent portion as unearned income in the month of receipt and as a resource the following month.

 Economic Impact Payments

Refer to Disaster Assistance

 Escrow Accounts

An escrow account is a deed, bond, money, or piece of property delivered to a third party. The third party in turn delivers it to the granter only upon the fulfillment of a condition.