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9. Non-burial trusts (see SECTION 16.6 NON-BURIAL TRUSTS) 10. Land contract (see SECTION 16.7.12 LAND CONTRACT) 11. Mortgage (see SECTION 16.7.13 MORTGAGE) 12. Trailer home (see SECTION 16.8.1.2 NON-MOTORIZED TRAILER HOMES) 13. Non-home real property. (see SECTION 16.8 REAL PROPERTY) 14. Some vehicles (see SECTION 16.7.9 VEHICLES (AUTOMOBILES), 18.4 SPOUSAL IMPOVERISHMENT ASSETS) The EBD fiscal group’s assets must be within the appropriate asset limit before any member of that group can qualify for Medicaid. EBD fiscal groups who have assets in excess of the appropriate asset limit are ineligible for Medicaid. This page last updated in Release Number: 18-03 Release Date: 12/14/2018 Effective Date: 12/14/2018 16.2 Assets Availability 16.2.1 Assets Availability Introduction An asset is available when: 1. It can be sold, transferred, or disposed of by the owner or the owner’s representative, and 2. The owner has a legal right to the money obtained from sale of the asset, and 3. The owner has the legal ability to make the money available for support and maintenance, and 4. The asset can be made available in less than 30 days. Consider an asset as unavailable if either: 1. The member lacks the ability to provide legal access to the assets, and 2. No one else can access the assets, and 3. A process has been started to get legal access to the assets. Or, when the owner or owner’s representative documents that the asset will not be available for 30 days or more, and the process has been started to obtain the assets. Use the criteria above to determine whether an asset was available in a backdate month unless an asset is deemed unavailable in the month of application because it will not be available for 30 or more days (considered unavailable in any or all backdate months). Note: Employer Health Reimbursement Arrangements (HRAs) are not an available resource. DHS’s Third Party Liability Unit will consider an HRA to be a potential source of payment for health care services covered by Medicaid.

Example 1: Sylvia has life insurance that she cannot convert to cash within 30 days. She has a letter from the insurance company stating when she will receive the money. It becomes available the day she receives the money. Enter an expected change in CWW with the date the asset is expected to be available.