California To Discontinue The Medicaid Asset Test For Eligibility In 2024

On July 14, 2023, the Centers for Medicare & Medicaid Services (CMS) approved a California state plan amendment to eliminate asset tests for Medicaid (“Medi-Cal”) eligibility in California. This means that income-eligible people will be able to access Medi-Cal’s Aged and Disabled program, Medicare Savings Programs, and Long-Term Care programs regardless of assets. The asset test elimination will be effective as of January 1, 2024.

California is the first state in the nation to eliminate its asset test for all Medi-Cal programs. The Medi-Cal program provides health care services to about 13 million . . .