Rule 23-103-1.3 - General Resource PrinciplesA. 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.23 Miss. Code. R. § 103-1.3
Social Security Act §1902 (r)(2); 42 CFR §435.601(b) (Rev 1994).