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MAABD MAABD MAABD MAABD MAABD MAABD MAABD MAABD E-410 Division of Welfare and Supportive Services RESOURCES Medical Assistance Manual TYPES OF RESOURCES (not all inclusive) 24 Sept MTL 04/24 MEDICAL SAVINGS ACCOUNTS (employee) – MINERAL RIGHTS RESOURCE TYPE DESCRIPTION

MEDICAL SAVINGS ACCOUNTS (employee)

1. Personal Property

2. Conditional Exclusion An employer may elect to provide health care benefits for an employee through a medical savings account program.

The account is available and therefore countable to the employee after the last business day of the year in an amount equal to the amount contributed during that year.

The account is also available and therefore countable when the individual is no longer employed by the employer.

Disbursements may be made during a given year by the administrator of the account to pay medical expenses of the employee or his/her dependent, or to reimburse the employee for paid medical expenses.

Verification: (not all inclusive)

- Written statement from the employer

MINERAL RIGHTS

1. Real/Personal Property

2. Counted

Mineral rights represent ownership interest in natural resources such as coal, oil, or natural gas, which are normally extracted from the ground.

If the individual owns the land to which the mineral rights pertain, the market value of the land should include the value of any mineral rights too. If the individual does not own the land to which the mineral rights pertain, obtain the market value from a knowledgeable source.

Verification: (not all inclusive)

– The Bureau of Land Management – U.S. Geological Survey – Mining companies holding leases