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1216 (07/2026) Chapter 8: Examples • Chapter 8: Examples Example 3: Fred and Frieda Jones, who are both ineligible, have three children: Huey, Louie and Dewey. Huey and Louie are applying for OSIPM while Dewey is not. The parents have savings and cash totaling $6,000. Louie and Dewey have saving’s accounts worth $1,000 each. Huey has a saving’s account worth $350. Since Dewey is a non-applying child, his savings account isn’t considered, and the parents’ excess resources are only split between/deemed to Huey and Louie. We still have to reevaluate if one of the applying children end up being ineligible for OSIPM. $6,000 ineligible parents’ countable resources $3,000 couple OSIPM Resource Limit $3,000 in resources to be deemed to Huey and Louie For Huey we have: $1,500 deemed from the parents ($3,000/2) + 350 from their saving’s account $1,850 - So, at the moment, he looks to be eligible. For Louie, we have: $1,500 deemed from the parents ($3,000/2) +1,000 from their saving’s account $2,500 – so he is not eligible Now, here is the problem for Huey. Since Louie is not eligible, no resources can be deemed to him, so all of the resources have to be deemed to Huey. So now for Huey we have: $3,000 deemed from the parents + 350 from his saving’s account $3,350 – so he is not eligible either. No, it doesn’t seem logical or fair, but that’s the way the policy is applied by the SSA. Availability of assets Individual program example(s)