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West Virginia Income Maintenance Manual Chapter 5

West Virginia Income Maintenance Manual Page 71 Chapter 5 Assets

5.6.2 WV WORKS AND AFDC-RELATED MEDICAID When an asset is deemed, the full countable value is deemed with no disregards or deductions applied. 5.6.2.A Assets of Disqualified/Ineligible Individuals 5.6.2.A.1 AFDC-Related Medicaid The countable assets used for the AG include all assets of the members of the Income Group, except that the assets of a child are not counted for his sibling(s) or for his parent(s). Assets of the ineligible stepparent are deemed to the parent, but never to the stepchildren. The asset limit used for the AG is based on the size of the Needs Group. See Chapter 3 for determining Needs Group composition. Assets of all the members of the Income Group are counted, except that the assets of a child are never counted for his sibling(s) or for his parents. Stepparent Asset Limit Example: A mother and three children are included in the AFDC-Related Medicaid AG. Her husband, who is the stepfather of the recipient children, and his two dependent children are in the home. The asset limit for the mother is the asset limit for a seven-person Needs Group. The asset limit for the children is the asset limit for a four-person Needs Group. 5.6.2.A.2 WV WORKS The countable assets of the AG include all assets of the AG members and of individuals excluded by law or disqualified, who would otherwise be required to be included. The assets of disqualified individuals, those excluded by law, and excluded SSI recipients age 18 or over, who would otherwise be required to be included in the AG, are counted as if they were members of the AG. The WV WORKS asset exclusions are applied, and the remainder is counted. Assets of other ineligible persons are not deemed. For jointly owned assets, see below.