Colorado Code § 15-15-403

Medicaid eligibility exclusion
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No person who is an applicant for or
recipient of medical assistance for which it would be permissible for the department of health
care policy and financing to assert a claim pursuant to section 25.5-4-301 or 25.5-4-302, C.R.S.,
shall be entitled to such medical assistance if the person has in effect a beneficiary deed.
Notwithstanding the provisions of section 15-15-402 (1), the execution of a beneficiary deed by
an applicant for or recipient of medical assistance as described in this section shall cause the
property to be considered a countable resource in accordance with section 25.5-4-302 (6),
C.R.S., and applicable rules.

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