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Aged, Blind and Disabled Manual Policy Manual Number: 110.050 Section: Financial Eligibility Requirements Chapter: ABD Countable and Excluded Resources
September 1, 2026 Division of TennCare 53 4. Equity Value
The equity value of a vehicle is the price it can reasonably be expected to sell for on the open market in the particular geographic area involved less any encumbrances.
5. Exclusion of One Vehicle Regardless of Value
One vehicle of any of the types listed above is excluded regardless of its value if it’s used for transportation of the individual or a member of her household.
Assume that a vehicle is used for transportation, absent evidence to the contrary.
6. Applying the Exclusion When Individual Owns More than One Vehicle
When an individual owns more than one vehicle that is used for transportation of household members, apply the exclusion in the manner most advantageous to the individual. In general, the total exclusion will be applied to the vehicle with the greatest equity value.
7. Countable Value
The equity value of any vehicle, other than the one wholly excluded, is a resource when it:
a. Is owned by the individual or a deemed household member; and b. It cannot be excluded under another provision, including: • Home (only applicable to cars, trucks, campers and motor homes); • Business or Self-Employment; • Income-Producing; • PASS; or • Tools of the Trade (only applicable to cars, trucks, campers and motorhomes and only one vehicle may be excluded).