Overview
When determining MA eligibility you review reported annuities as potential income sources and as possible counted assets. In addition to these determinations, there are two MA-LTC annuity requirements:
- Designating the Minnesota Department of Human Services (DHS) as the preferred remainder beneficiary (PRB) on certain annuities.
- Evaluating certain annuities to determine if an uncompensated transfer has occurred.
This module will provide an overview of each of these requirements and the following modules will provide the details.
When you have completed this module you will be able to:
- Name the two MA-LTC annuity requirements.
- Identify when to apply the two MA-LTC annuity requirements.
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MA-LTC Annuity Requirements