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 Limit||Countable resources must be equal to or less than $2,000.|
|Exclusions||When 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.
|Spouse||Do 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 Owned||If a non-excluded resource is jointly owned with other persons (not the spouse), use current MEPD eligibility criteria.|