Section 144-332-13-4 - WAIVER ASSETSThe waivered individual's assets must not exceed the SSI - Related asset limit for an individual (See Part 7, Section 1).
Countable assets are defined in Part 16 with the following exceptions:
I. Assets of a non-waivered spouse are not deemed when determining eligibility for the spouse applying for the Waiver as of the first day of the month in which the individual is considered to be in nursing facility or ICF-IID level care status.II. Assets that are owned jointly are considered wholly owned by the waivered individual.III. If both eligible individuals are in a waiver status, the asset limit is $2000 for each.IV. There is no computation of the community spouse's protected share of assets. Section 4.1:Transfer of AssetsTransfers by the individual or their spouse may be subject to a penalty. Follow the procedures outlined in Part 15. Individuals who are Medicaid eligible under the following coverage groups are not subject to the transfer of asset penalty:
II. an SSI - Related group with an income limit of 100% FPL.10-144 C.M.R. ch. 332, § 13-4