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Wisconsin Department of Health and Family Services Obsolete Medicaid Eligibility Handbook For the current MEH, see http://www.emhandbooks.wi.gov/meh-ebd/ For the current BC Plus Handbook, see http://www.emhandbooks.wi.gov/bcplus/ |
Apply the collection and verification (1.2) policies expressed in this section only to EBD MA cases.
Do not count income Income is anything you receive in cash or in kind that you can use to meet your needs for food, clothing, and shelter. as an asset in the month it was received when determining the countable asset amount.
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Example: Mr. Johnson has $2600.00 in his checking account for the month of March. Of that amount, $700.00 is unearned income that he received in March. His countable asset amount is $1900.00. |
Add together all countable, available (4.5.2), assets the fiscal group owns including:
Joint accounts. (4.5.4.1)
Burial Assets (4.5.5)
Savings account
Checking account
Cash available
Stocks, bonds, CDs.
Loans (4.5.7.2)
Life Insurance (4.5.7.5)
Non- Burial Trusts (4.5.6)
Land Contract (4.5.7.12)
Mortgage (4.5.7.13)
Trailer Home (4.5.8.1.2)
Nonhome Real Property . (4.5.8)
This page last updated in Release Number : 04-03
Release Date: 08/02/04
Effective Date: 08/02/04
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