December 1973 Eligibility Requirements Manual – Table of Contents

1030.035.00 DIVISION OF ASSETS

‘Division of Assets’ refers to the policy that allows a spouse who remains in the community to retain a portion of the couple’s assets while the institutionalized spouse becomes eligible for MO HealthNet institutional coverage (vendor NF or HCB). The legal basis for this determination is found in 208.010 RSMo and 13 CSR 40-2.030.

NOTE:  The Division of Assets is the ONLY resources policy in effect for married individuals who begin a period of institutionalization on or after September 30, 1989.  A Division of Assets is REQUIRED even if the participant or spouse was receiving assistance prior to the institutionalization.