Minnesota Care Asset Limit
- MinnesotaCare is a publicly subsidized program for Minnesota residents who lack access to affordable health care coverage, according to the Minnesota Department of Human Services. Members pay a premium each month, based on a sliding scale. The benefit package includes doctor visits, surgery and vision care.
- To qualify for MinnesotaCare, you must meet certain requirements. This includes having a monthly income that falls within the established limits, based on family size, and lack of other health insurance.
- As of 2010, the maximum amount of assets that a single person can have and qualify for MinnesotaCare is $10,000; for families of two or more, the limit is $20,000. Assets include cash, bank accounts, stocks and bonds. However, your personal and household goods, and the home you live in, do not count toward this limit.
- Certain categories of individuals are exempt from MinnesotaCare asset limits. They include people under age 21 and pregnant women.
