Page 58

Louisiana Medicaid Eligibility Manual Eligibility Factors

Reissued June 9, 2026

Page 58 of I-1630 Replacing September 23, 2024

Revised/added text indicated by underscore

Deleted text indicated by “**”

• Jewelry that one does not wear or does not hold for family significance;

• Animals for investment purposes, such as a horse or dog for breeding, for resale, or investment; and

• Collectibles

Other Real Property

Count the total equity value of other real property that:

• Is not income producing, or

• Is income-producing and does not earn at least a 6% annual net rate of return.

Count the equity value over $6,000 if the property is income-producing and earns at least a 6% annual net rate of return.

Note: For income-producing property, refer to $6,000/6% Rule and Business Assets.

Count as an available resource the applicant/beneficiary's ownership interest in an undivided estate that has not been settled whether or not a succession has been opened, if the applicant/beneficiary is an heir of the deceased.

Count as an available resource the applicant/beneficiary's undivided ownership interest in real property when succession has been completed but the property has not been divided.

Note: The value of an individual's ownership interest in jointly owned real property is excluded for as long as sale of the property would cause undue hardship, due to loss of housing, to a co-owner.

Do not count the equity value of property which has been sold at public auction for non-payment of taxes. Verify accessibility of