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• Proceeds of a Loan • Revocable Burial Contract • Proceeds of a Reverse Mortgage 4. Medicare Medical Health Savings Accounts Count annual deposits made into an individual’s account by Medicare. If others make deposits, count those deposits as resources. These plan account funds are a countable resource for Medicaid purposes. 5. Dividends and Interest Count dividends and interest earned on resources. If any of the dividend or interest is retained in the month after receipt, it is a countable resource. E. Cash 1. Count cash on hand as of the first moment of the month in the resource total. This includes currency and undeposited checks. 2. Verification—accept the a/b’s statement. If the a/b denies having cash on hand, record his statement. F. Patient Accounts for Institutionalized Individuals Patient accounts are those held by the nursing facility. Contact the business manager to verify the first moment balance. Also question whether the representative holds or has the a/b’s money in a bank. G. Bank Accounts Liquid assets held by a bank or other financial institution (checking, savings, certificate of deposit (CD), money market, EBT account, Medicare Health Savings Account, etc.) 1. Verification Ask if the a/b or financially responsible spouse/parents have an account at a bank, savings and loan, credit union, EBT account, or other financial institution. Ask a/b or financially responsible spouse/parents if their federal benefits (SSA/SSI or VA) are deposited into an EBT account and the money is withdrawn with a debit card. It may appear from the client’s situation that there is a possibility of bank accounts, even though it is denied. a. If the client reports that he cashes his check at a bank or other financial institution, contact the bank asking for any accounts in the client’s name. b. If the client reports that he has an EBT account verify the balance through the North Carolina EBT Production System that is located in each county. 69