California’s just revised proposed state budget, shows that Governor Newsom intends to reinstate the Asset test for Medi-Cal eligibility. Previously, on January 1, 2024, California had abolished the Asset test. Currently, assets are not considered when a person applies for any type of Medi-Cal, whether it is community based (at home) or long term care Medi-Cal (at a skilled nursing facility). However, the proposed budget shows that the $2,000/$3,000 (single/married couple) assets limits for countable non-exempt will return in 2026. Medi-Cal would revert to pre-2024.

Prior to January 1, 2024, Medi-Cal had the following asset categories: (1) Exempt assets, (2) Non Available Non Exempt Assets, and (3) Available Non Exempt Assets. Exempt and unavailable assets are not counted in the asset

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