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390 (07/2026) Chapter 2:Eligibility • Section 5: Financial eligibility
Up to $1,500, which may be excluded from resources, or
Up to $5,000, if the individual has an income cap trust, which can be held in reserve, as described under 461-145-0540(9)(c)(G). • Contributions to a reserve or payments for home maintenance if the individual meets the criteria of 461-155- 0660 or 461-160-0630 • Patient liability not to exceed the cost of home and community-based care or nursing facility services. For more information on trusts, see Understanding trusts Pooled trusts Pooled trusts are not considered in determining eligibility for OSIPM (with one exception below) as long as they meet the following criteria: • The trust is signed on or after July 1, 2006. • The trust is established and managed by a nonprofit association. • A separate account is maintained for each beneficiary of the trust but, for purposes of investment and management of funds, the trust pools these accounts. • The trust is established by the individual, individual’s parent, grandparent or legal guardian, or a court for individuals who have disabilities. • Upon the death of the beneficiary or by termination of the trust, the trust pays to the state an amount equal to the total medical assistance paid on behalf of the beneficiary under the state plan for Medicaid. The amount paid to the state may be reduced by administrative costs directly related to administering the sub-trust account of the beneficiary. • The trust contains the resources or income of an individual who has a disability that meets the SSI criteria. For OSIPM, individuals in a non-standard living situation, if the individual is age 65 or older when the trust is funded or a transfer is made to the trust, the transfer may constitute a disqualifying transfer of assets. Oregon Administrative Rule(s) 461-145-0540 — Trusts 410-200-0015 (54) and (55) — General Definitions 414-175-0035 — Specific Financial Requirements Unemployment compensation benefit Count retroactive payments as periodic or lump-sum income. Treat disaster unemployment assistance according to the disaster relief policy and treat all other UC benefits received weekly or every other week as unearned income.