Mississippi Administrative Code
Title 23 - Division of Medicaid
Part 103 - Resources
Chapter 1 - Introduction to Resources
Rule 23-103-1.3 - General Resource Principles
Universal Citation: MS Code of Rules 23-103-1.3
Current through September 24, 2024
A. The following general principles about resources should be noted:
1. Not everything a person owns is a
resource.
2. Not all resources
count against the limit.
3. The
Social Security Act and other Federal laws require certain types and amounts of
resources to be excluded.
a) If a resource is
not specifically excluded, it is countable.
4. In certain situations, federal law
requires other people to share financial responsibility for an individual or
couple.
a) In those situations, Medicaid
considers the resources of the person(s) along with those actually belonging to
the individual couple. If countable resources exceed the limit, an individual
or couple is not eligible.
Social Security Act §1902 (r)(2); 42 CFR §435.601(b) (Rev 1994).
Disclaimer: These regulations may not be the most recent version. Mississippi may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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