Page 35

Louisiana Medicaid Eligibility Manual Eligibility Factors

Reissued June 9, 2026

Page 35 of I-1630 Replacing September 23, 2024

Revised/added text indicated by underscore

Deleted text indicated by “**” resource. If the policy is a countable resource, include the CSV of dividends in determining the resource value of the policy.

Verification

Verify face value of an insurance policy by:

• Viewing the policy, or

• Direct contact (letter or telephone) with the insurance company.

Verify cash surrender value of insurance policies at application and each renewal, if face value exceeds limit, by direct contact with the insurance company.

Use cash surrender value tables attached to the policies only if no other verification is available.

 Livestock

Count the value of livestock that:

• Is not used for home consumption, or

• Is not excluded as a business asset (refer to Business Assets).

 Loans

A loan is a transaction whereby one party advances money to, or on behalf of another party, who is obligated to repay the lender in full, with or without interest. The loan agreement may be written or oral, and is enforceable under State law.

The loan agreement must be in effect at the time that the lender provides the cash to the borrower. Money or property given to an individual with no obligation to repay is not considered a loan and such a transaction cannot be altered to become a loan at a later date.

If the applicant/beneficiary is the borrower, count any portion of the proceeds retained after the month of receipt.