Page 73
Louisiana Medicaid Eligibility Manual Eligibility Factors
Reissued June 9, 2026
Page 73 of I-1630 Replacing September 23, 2024
Revised/added text indicated by underscore
Deleted text indicated by “**” Count the equity value of all other vehicles, including inoperable vehicles and vehicles used for show (e.g., antique cars).
The Average Trade-In Value provided by J.D. Power Values Online is the Current Market Value (CMV) used for resource determination. If the trade-in value is unavailable from this site, obtain the Trade-In Value from a third party knowledgeable source. If the value affects eligibility and the individual disagrees with it, give the individual the opportunity to rebut it.
Victims' Compensation Payments
Effective May 1, 1991, do not count unspent portions of victims' compensation payments for nine months following the month of receipt.
Note: Count any interest earned on unspent portions as unearned income in the month of receipt and as a resource the following month.
Workers’ Compensation Medicare Set-Aside Arrangement (WCMSA)
A Workers’ Compensation Medicare Set-Aside Arrangement (WCMSA) is an allocation of funds from a workers’ compensation- related settlement, judgment, or award which are set aside to pay for future medical services and/or prescription drug expenses related to the workers’ compensation injury or disease.
Medicare does not pay for an individual's workers’ compensation (WC) related medical services and drug expenses when that individual received a WC settlement, judgment, or award that includes funds for future medical expenses, until all such funds are properly expended.
The funds set aside in the WCMSA are not available or countable as resource unless they are actually used for food or shelter (i.e., rent, mortgage payments, utilities, etc.). There may be cases in which funds in a Medicare set-aside arrangement are placed in trusts. Refer to MEM I-1700, Trust, to determine how the trust is counted for eligibility purposes.