What is the resource cap for MEDICAID?
The applicant’s resources may not exceed $2,000.00. If the Applicant’s income is below $614.00 per month the the Applicant may have up to $5,000.00 in resources. If married, the Community Spouse may have up to $95,540.00 (2006-7) in resources above the Applicant’s $2,000.00. In determining the total countable resources, DCAF uses a lookback period. For a Trust, the lookback period is 60 months. For an individual, the lookback period is 36 months. The lookback is to check to determine if resources were given away to qualify for Medicaid.
