Topic: Transfer of Assets
Policy Links Regarding Transfer of Resources
Penalty or disqualification period – the length of time an individual or household is not eligible or the benefit is reduced. Depending on the program, the penalty may be removed as soon as the individual cooperates or it may be assigned for a certain time frame. Policy regarding this term is located at: Public Assistance […]
Commensurate return – a term used in the SoonerCare (Medicaid) program regarding transfer of resources. When a person requires long term care assistance and transferred resources to someone else within a specified time period, OHCA expects the person to receive fair market value for the resource. Policy regarding this term is located at: SoonerCare (Medicaid): […]
If the institutionalized spouse’s (IS) name is still on the home property and it is transferred to someone else, it is considered a transfer in proportion to the percentage of ownership. At the time of redetermination of eligibility the worker needs to verify if anyone else’s name has been added to the home property deed […]
Oklahoma County Records provides online access for land and mineral records that are filed with the County Clerk in over 60 counties. DHS does not have a subscription to this website, so you cannot view the actual document. You are able to view the title of the documents that were filed; e.g., Mineral Deeds and […]
Transfer of Assets
Commensurate return is actual money payment or documentation of money spent on the client’s behalf; i.e., property taxes, medical debts, nursing care expenses, etc., corresponding to the market value of the transferred property. It does not include personal services, labor, or provision of rent-free shelter. It also does not include a monetary value assigned and […]