To qualify for Medi-Cal, what are my allowable asset-limits?
These amounts can change each year, but currently (2008) in order to receive benefits, allowable assets are limited to $2,000 for seniors who are single/widowed/divorced, and $106,400 for married couples. The state, when determining whether you meet Medi-Cal limits, considers certain assets “non countable” (e.g. IRAs) and some assets exempt (e.g. residence, vehicle, household goods). Ask Heritage Financial North to help you determine your Medi-Cal eligibility.
