M-4000, Resources

Revision 11-4; Effective December 1, 2011

All regular MEPD policies for resources apply to this program, except those specifically identified in Chapter M.

Resource LimitCountable resources must be equal to or less than $2,000.
ExclusionsWhen determining resource exclusions, use current MEPD eligibility criteria, including the special $3,000 MBI Resource Exclusion.

Count any non-excluded separate resources of the applicant.
SpouseDo not count any separate resources of the spouse.

If the person and the ineligible spouse have a jointly owned resource with unrestricted access, consider that each owns an equal share. Divide the countable value of the resource, counting half as available to the applicant.
Jointly OwnedIf a non-excluded resource is jointly owned with other persons (not the spouse), use current MEPD eligibility criteria.