Asset Verification System

How this system supports the Medicaid Program

Electronic asset verification systems (AVSs) collect information directly from financial institutions to determine whether certain seniors and people with disabilities who are applying for or receiving Medicaid have assets below eligibility caps.

CMS-Required Outcomes

None. There are no CMS-Required outcomes for an Asset Verification System.

As such, for an Asset Verification System to be certified states will need to create or reuse State-Specific Outcomes which target state-specific problems and derive Medicaid program benefits.

State-Specific Outcomes - CMS Approved

States requesting enhanced FFP for systems that fulfill state-specific program needs, beyond minimum legal requirements and the baseline of the CMS-required outcomes, should propose State-Specific Outcomes which address the proposed enhancements.

When drafting state-specific outcomes statements, keep these tips in mind.

Examples for Asset Verification Systems

We are actively gathering and evaluating outcomes statements crafted by states for this business area.

Please send examples from your state that you’d like to share to MES@cms.hhs.gov. Our team will collect and share the best examples.