What is the maximum asset value allowed to qualify for a Medicare Savings Program?
In most states, the couple limit is: $6,000 $12,000 in Maine $18,000 in Minnesota There are no asset limitations for any of the MSPs in Alabama, Arizona, Delaware and Mississippi. Assets are excluded for the QI-1 program only in Connecticut. back to top What is an asset? In simplest terms, an asset is property of any kind. A resource may be “liquid” such as cash, or property that can readily be converted to cash. It may be “non-liquid,” meaning that it may not be easily converted to cash. Resources include both real and personal property, and tangible as well as intangible property.
