Asset Assessments. Judie Hughes DHS Health Care Training. Topics. Purpose and Benefits Definitions Forms Submissions Process Division of Assets. Purpose. Avoid spousal impoverishment Determine counted assets for the spouse requesting MA-LTC. Benefits.
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DHS Health Care Training
Determine the asset assessment effective date.
Ida Effective Date?
August 15, 1999
Request completion of the
Hardy and Ida submitted a completed DHS-3440 on November 15, 1999.
Evaluate marital assets following asset assessment rules.
Determine the total counted
Total marital assets = $349,400
Total excluded assets = $166,500
Total counted assets = $182,900
Determine the community spouse asset allowance.
a. Divide total countable assets by 2.
b. Determine minimum and maximum asset allowance figures.
c. If half of total countable assets are:
What is Hardy’s CSAA?
Enter the asset assessment results into MAXIS ASET.
Complete and send the DHS-3340A.
Send additional notice with instructions if processing at
At MA-LTC determine counted assets attributable
to the LTC spouse.
Compare half of total counted assets owned on the effective date to the current minimum and maximum asset allowance.
What is Hardy’s updated CSAA?
Counted assets = $91,800
CSAA = $91,450
Ida’s counted assets = $350
Set DAIL/WRIT for 60 days prior to the first annual renewal month.