QMC

Division of Assets Overview

The following briefly describes the steps to determine resource eligibility for an institutionalized married individual based on a Division of Assets.

Definitions:  Under a Division of Assets, the spouse not in need in care (the Community Spouse) may be allowed to keep a portion of the family’s assets, while the spouse in need (the Institutional Spouse) qualifies for MO HealthNet Vendor assistance.

Assessment:  At the beginning of the first continuous period of institutionalization beginning on or after September 30, 1989 the married couple in need may request an assessment of the couple’s assets.  MO HealthNet will determine the equity value of the non-exempt assets for the month in which the first continuous period of institutionalization begins.  Assessments evaluate non-exempt assets in the month in which the first continuous period of institutionalization begins regardless of when a request for assessment is made.

Only one assessment is completed per family   

The Spousal Share: MO Healthnet will compute the Spousal Share (the assets disregarded that will be allotted to the Community Spouse) as follows: one half of the couple’s non-exempt assets but not less than the minimum and not more than the maximum spousal share amounts noted below.  Currently the Minimum Spousal Share is set at $26,076, and the Maximum Spousal Share is set at $130,380, as of January, 2021. 

Please Note:  The Maximum and Minimum Spousal Shares have recently been raised to the amounts listed above, from $25,284 and $126,420, respectively.

Missouri Department of Social Services Income Maintenance Manual.  1030.035.15  ASSESSMENT OF ASSETS.

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