Page 40

Louisiana Medicaid Eligibility Manual Eligibility Factors

Reissued June 9, 2026

Page 40 of I-1630 Replacing September 23, 2024

Revised/added text indicated by underscore

Deleted text indicated by “**” OTC cards (e.g., PACE and Medicare Advantage) are not counted as income and are not resources until the Second (2nd) Month after they are received.

 Patient Fund Accounts

Count the amount of cash in the patient fund account at a LTC facility.

 Pension Funds

Refer to Retirement Funds.

 Promissory Notes

Refer to Mortgages and Promissory Notes.

 Property

Ownership of Property

Property can generally be divided into two categories:

• Movable property, and

• Real property (immovable property).

Movable property is governed by the laws of the state in which the owner resides. Real property is governed by the laws of the state in which the property is located. These laws vary widely from state to state.

When dealing with real property located in another state, accept verification only from a knowledgeable source familiar with property laws in that state. Knowledgeable sources include but are not limited to:

• Real estate brokers,

• The local office of the Farmer’s Home Administration (for rural land),

• The local office of the Agricultural Stabilization and