A&A is not considered an asset when applying for Medicaid, as it usually is stopped once Medicaid kicks in. My mom was in AL and received A&A. When she transitioned to NH and was Medicaid, the A&A was stopped since Medicaid was picking up the bill. It did take a year for the VA to close her claim, but we knew that all money deposited to her account during that period would need to be returned to the VA.