us-wi/statute/49.47/4/b

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Eligibility exists if the applicant’s property, subject to the exclusion of any amounts under the Long-Term Care Partnership Program established under s. 49.45 (31), any amounts in an independence account, as defined in s. 49.472 (1) (c), or any retirement assets that accrued from employment while the applicant was eligible for the community options program under s. 46.27 (11), 2017 stats., or any other Medical Assistance program, including deferred compensation or the value of retirement accounts in the Wisconsin Retirement System or under the federal Social Security Act, does not exceed the following: 1.

(1)#

Subject to par. (bc), a home and the land used and operated in connection therewith or in lieu thereof a manufactured home or mobile home if the home, manufactured home, or mobile home is used as the person’s or his or her family’s place of abode.

(2)#

Household and personal possessions.

(2m)#

One or more motor vehicles as specified in this subdivision. a. For persons who are eligible under par. (a) 1., one vehicle is exempt from consideration as an asset. A 2nd vehicle is exempt from consideration as an asset only if the department determines that it is necessary for the purpose of employment or to obtain medical care. The equity value of any nonexempt vehicles owned by the applicant is an asset for the purposes of determining eligibility for medical assistance under this section. b. For persons who are eligible under par. (a) 3. or 4., motor vehicles are exempt from consideration as an asset to the same extent as provided under 42 USC 1381 to 1385.

(2m)(a)#

For persons who are eligible under par. (a) 1., one vehicle is exempt from consideration as an asset. A 2nd vehicle is exempt from consideration as an asset only if the department determines that it is necessary for the purpose of employment or to obtain medical care. The equity value of any nonexempt vehicles owned by the applicant is an asset for the purposes of determining eligibility for medical assistance under this section.

(2m)(b)#

For persons who are eligible under par. (a) 3. or 4., motor vehicles are exempt from consideration as an asset to the same extent as provided under 42 USC 1381 to 1385.

(2r)#

For a person who is eligible under par. (a) 3. or 4., the value of any burial space or agreement representing the purchase of a burial space held for the purpose of providing a place for the burial of the person or any member of his or her immediate family.

(2w)#

For a person who is eligible under par. (a) 3. or 4., life insurance with cash surrender values if the total face value of all life insurance policies, including riders and other attachments, is not more than $1,500.

(3)#

For a person who is eligible under par. (a) 3. or 4., funds set aside to meet the burial and related expenses of the person and his or her spouse in an amount not to exceed $1,500 each, minus the sum of the cash value of any life insurance excluded under subd. 2w. and the amount in any irrevocable burial trust under s. 445.125 (1) (a).

(3g)#

Liquid assets for a single person limited to: a. In 1985, $1,600. b. In 1986, $1,700. c. In 1987, $1,800. d. In 1988, $1,900. e. After December 31, 1988, $2,000.

(3g)(a)#

In 1985, $1,600.

(3g)(b)#

In 1986, $1,700.

(3g)(c)#

In 1987, $1,800.

(3g)(d)#

In 1988, $1,900.

(3g)(e)#

After December 31, 1988, $2,000.

(3m)#

Liquid assets for a family of 2, limited to: a. In 1985, $2,400. b. In 1986, $2,550. c. In 1987, $2,700. d. In 1988, $2,850. e. In 1989, $3,000.

(3m)(a)#

In 1985, $2,400.

(3m)(b)#

In 1986, $2,550.

(3m)(c)#

In 1987, $2,700.

(3m)(d)#

In 1988, $2,850.

(3m)(e)#

In 1989, $3,000.

(3r)#

Liquid assets limited to $300 for each legal dependent in addition to a family of 2.

(4)#

Additional tangible personal property of reasonable value, considering the number of members in the family group, used in the production of income.