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MAABD MAABD MAABD MAABD MAABD MAABD MAABD MAABD Division of Welfare and Supportive Services E-410 Medical Assistance Manual RESOURCES 24 Sept MTL 04/24 TYPES OF RESOURCES (not all inclusive)

MONEY FROM SALE OF EXCLUDED HOME – PATIENT TRUST ACCOUNTS RESOURCE TYPE DESCRIPTION

MONEY FROM SALE OF EXCLUDED HOME

Money received from the sale of an excluded home is disregarded if used to purchase another excludable home within 3 months after the money is received.

When the money is received in increments over a period of time, amounts applied to principal are considered a resource and amounts applied to interest are unearned income.

Verification: (not all inclusive)

– Escrow documents – Copy of check – Bill of sale

PATIENT TRUST ACCOUNTS

To determine the countable resource amount, consider the low balance of the account on any given day of the calendar month.

Any income deposits in a calendar month are not a resource.

If the facility rebuts the trust account balance due to a delay in posting patient liability or other expenses, they must provide a statement which includes the following:

a. The total balance of the patient trust account; and

b. What portion of the balance is not available and why. The unavailable portion must be itemized showing the amounts which are encumbered and the source of the encumbrance; and

c. It must be clear the encumbered portion would not be released to the customer if a request were made by the customer.

If a statement is provided with all of the above, the portion the facility states is unavailable will not be counted as a resource in determining eligibility.

Verification: (not all inclusive)

- Patient Trust Account Ledgers - Medical Facility Information Form 2547-EE