Topic: Capital Resources
Home property – a home is defined as any shelter in which the individual has an ownership interest and which is used by the individual as his/her principal place of residence. The home may be either real or personal property, fixed or mobile. Home property includes all property which is adjacent to the home. Policy regarding […]
When an applicant has more money or property (resources) than the Maximum Resource Standard allows, they must “spend down” those resources to become eligible for Medicaid LTC services. The Goal: The Resource Standard To be eligible for LTC, the client’s countable resources must be at or below the Individual Maximum Resource Standard (found in Appendix […]