what is uncompensated asset tranfer
The transfer of an asset or income without adequate compensation, known as an uncompensated transfer (formerly called an improper transfer), may result in a period of ineligibility for Medical Assistance (MA) payment of long-term care (LTC) services. The transfer provisions do not apply to basic MA or MinnesotaCare.ransfers can result in a period of ineligibility, known as a transfer penalty, if the client: l did not receive adequate compensation, and. l there is no transfer penalty exception.