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In determining the financial need of a Medicaid applicant, Montana's financial criteria is based on both income and asset levels. 00 in assets to be eligible (dphhs.mt.gov).Medicaid is public health coverage for qualifying low income individuals. It provides access to important health care services with limited out-of-pocket costs. Under a qualified partnership policy, personal assets in the amount of the total benefits paid are disregarded when Medicaid asset eligibility is calculated. Medicaid eligibility test. 40. Joint Tenancy. Property. Do you qualify for Montana Medicaid? One out of every six adults and four out of every nine children in Montana are Medicaid members. Currently, those people are enrolled in the Medicaid expansion program for a full year regardless of changes in income or assets.
