A new law in California that took effect July 1st 2022, has increased the asset limits for Medi-Cal programs.
It’s known as Medicaid across the country, Medi-Cal in California, and it provides health care for adults 65 and over, individuals with disabilities, and residents of long-term care facilities.
But you have to have very low income or no income to qualify for the program.
But now the state has increased the amount of money you can have and still be eligible for the program. A single person could only have 2-thousand dollars in assets. That has been increased to 139-thousand dollars.
For a couple, the limit has gone from $3,000 to $195,000. For each additional person in the household, the limit has risen to $65,000.
In California, assets are also known as resources or property, which can include cash, checking or savings accounts, or vehicles.
Applicants who were previously denied Medi-Cal or terminated due to being above the asset limit, will be notified, and can apply again under the new limits.
In January of 2024, the asset test will be eliminated completely for these Medi-Cal programs.
Riverside County residents can apply for Medi-Cal online at BenefitsCal.com, by calling 1-877-410-8827.
Business Man Displaying a Spread of Cash over a green vintage background.
Photo by Alpha Media USA Portland OR