Asset Limits
The asset limits for certain Medi-Cal programs will be increased starting July 1, 2022.1 The asset limits starting July 1st will be: $130,000 for a single individual, $195,000 for a couple, and $65,000 for each additional family member up to ten in a household.2 California is expected to get rid of the asset limitations completely by January 1, 2024.
There have not been changes on asset limits since 1989. Those that receive SSI benefits or another form of public benefits will still need to abide by the asset limitations set under those programs.
What is an asset? Assets include one’s property like: cash, savings, cars, and real property or a home. These changes to asset limitation means that individuals will have the opportunity to save money for emergencies without the additional risk of losing their Medi-Cal benefits when doing so.
Health4All Older Adult Expansion: Immigration Status
As of May 1, 2022, a person’s immigration status is no longer a barrier for those age 50 or older.3 As long as an individual 50 years or older meets Medi-Cal eligibility requirements, their immigration status is not considered in order to receive full Medi-Cal benefits. This meansthat someone completing an application for Medi-Cal may decline to provide their immigration status.
1 http://canhr.org/factsheets/medi-cal_fs/PDFs/FS_Medi-Cal_Asset_Limit_Change.pdf