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SSI-Related Resource Exclusions - Medicaid - Iowa

The following types of Resources are excluded when determining eligibility for SSI-Related Medicaid:

·     One vehicle regardless of value.

·     Burial and related expense funds for each spouse which are separately identified and set aside for that purpose. Each spouse may have a fund or multiple funds but no more than $1,500. Subtract from this $1,500 limit the total face value of excluded whole life and term life insurance policies and any amounts in irrevocable trusts or arrangements available to meet burial and related expenses.

·     Burial spaces held for either spouse or any other member of the immediate family.

·     Disaster Relief Act Assistance and Emergency Act Assistance or other assistance provided because of a Presidential declaration of disaster. Exclude these resources and any interest earned on the funds for nine months, beginning with the date of receipt. (These funds may be excluded for a longer period, if good cause is shown.)

·     Household goods and personal effects, regardless of value.

·     Housing assistance paid by HUD or FMHA for housing occupied by the community spouse.

·     Life insurance policies with a total face value of $1,500 or less for each spouse.

·     Property in a homestead, including the home and related land.

·     Property used for self-support of either spouse if it would be excluded by SSI.

·     Real property up to $6,000 if it is earning six percent of equity.

·     Relocation assistance provided by a state or local government which is comparable to assistance provided under Title II of the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970.

·     Resources of a blind or disabled person who has a Plan for Achieving Self-Support, as determined by the Division of Vocational Rehabilitation, DHS, or the Department for the Blind.

·     Resources necessary for self-employment.

·     Shares of stock held by natives of Alaska in a regional or village corporation. Exclude for the period of 20 years in which the stock is inalienable (as provided in Section 7 (h) and Section 8 (c) of the Alaska Native Claim Settlement Act).

·     Underpayment of SSI or Social Security which is due either spouse for any month before the month it is received. Exclude for six months after receipt.

·     Victim’s compensation from a fund established by a state for victims of crime. Do not count the assistance for nine months from receipt. The client must prove that the payment was for expenses incurred or losses suffered as a result of a crime.

For more descriptive information about these excluded resources, see SPECIFIC SSI-RELATED RESOURCES in Title 8, Chapter F Pages 73-103 of the DHS Employees Policy Manual. (Note that there are other types of resources described under that heading that are excluded for determining eligibility).

See Also:

·           SSI-Related Resource Limits - Medicaid

·           Overview of Medical Assistance in Iowa

·           Welcome and Introduction to Benefits in Iowa

Source: Iowa Dept of Human Services Employees Manual

Title 8 Medicaid

·                        Chapter F, Coverage Groups

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