EPM 2.3.3.2.7
Asset Evaluation
- Effective:
- June 1, 2016
- Version:
- 2
- Last edited:
- October 3, 2026
Medical Assistance for People Who Are Age 65 or Older and People Who Are Blind or Have a Disability (MA-ABD) has specific rules about how the value of a person’s assets affects the person’s eligibility for coverage.
Information about how to evaluate different types of assets is discussed in these specific sections:
- MA-ABD Annuities
- MA-ABD Automobiles and Other Vehicles Used for Transportation
- MA-ABD Burial Contracts
- MA-ABD Burial Space Exclusion
- MA-ABD Burial Fund Exclusion
- MA-ABD Continuing Care Retirement Community Entrance Fee
- MA-ABD Health Expense Accounts
- MA-ABD Health Flexible Spending Arrangements
- MA-ABD Health Savings Accounts
- MA-ABD Household Goods and Personal Effects
- MA-ABD Life Insurance Policies
- MA-ABD Liquid Assets
- MA-ABD Promissory Notes
- MA-ABD Real Property
- MA-ABD Homestead Real Property
- MA-ABD Non-Homestead Real Property
- MA-ABD Life Estates and Remainder Interests
- MA-ABD Life Estate Mortality Table
- MA-ABD Other Property Interests
- MA-ABD Contract for Deed and Other Property Agreements
- MA-ABD Retirement Funds & Plans
- MA-ABD Tribal Payments and Interests
- MA-ABD Trusts
- MA-ABD Identifying the Type of Trust
- MA-ABD Client Funded Trusts
- MA-ABD Medical Assistance Qualifying Trusts
- MA-ABD Special Needs Trusts
- MA-ABD Pooled Trusts
- MA-ABD Third Party Established and Funded Trusts
- MA-ABD Supplemental Needs Trusts
Subsections
- 2.3.3.2.7.1 Liquid Assets
- 2.3.3.2.7.2 Retirement Funds and Retirement Plans
- 2.3.3.2.7.3 Health Expense Accounts
- 2.3.3.2.7.4 Real Property
- 2.3.3.2.7.5 Contract for Deed and Other Property Agreements
- 2.3.3.2.7.6 Promissory Notes
- 2.3.3.2.7.7 Automobiles and Other Vehicles Used for Transportation
- 2.3.3.2.7.8 Annuities
- 2.3.3.2.7.9 Trusts
- 2.3.3.2.7.10 Life Insurance
- 2.3.3.2.7.11 Burial Contracts
- 2.3.3.2.7.12 Continuing Care Retirement Community Entrance Fee
- 2.3.3.2.7.13 Tribal Payments and Interests
- 2.3.3.2.7.14 Household Goods and Personal Effects, and Other Personal Property
- 2.3.3.2.7.15 Achieving a Better Life Experience (ABLE) Accounts
Legal citations
- Minnesota Statutes, section 256B.056, subdivision 1a
- Minnesota Statutes, section 256B.056, subdivision 3