California has its own rules, but in 2026, we’ll see major changes under OBBBA 26. Governor Newsom has proposed new eligibility requirements for Medi-Cal, including the return of the “Asset Test.” That means if you’re currently on Medi-Cal and have too many assets, you could lose your benefits next year.
What is an Asset Test?
An Asset Test is a set of rules used to determine whether someone qualifies for public benefits based on what they own. California has passed legislation setting the limits at $130,000 for a single person and $195,000 for a married couple. While your home will remain an exempt asset, a home equity cap of $1 million may be imposed in 2028.
I’ve helped hundreds of people qualify for Medi-Cal under even tougher asset limits. If you’re on Medi-Cal now, or think you may need it soon, it’s critical to take advantage of the planning window available right now.
Call me today, and I’ll help you create a plan to protect your benefits before the new rules go into effect.
