407.03 Medically Needy Medical Assistance (AAM)

407.03 Medically Needy Medical Assistance (AAM)

SR 94-04 Dated 04/94 Previous Policy

____________________________________________________________

If the assistance group size is... Countable resources must be equal to or below... 1 $2,500 2 $4,000 3 $4,100

Exception : Allow an institutionalized individual with a community spouse to retain $2,500 plus the community spouse ' s protected share from the date of application until 1 year later. See Part 417 , Resource Assessment, and Part 419 , Protection of Resources .