Over the next two and a half years California is eliminating the asset test. Currently, assets as well as income are factors considered in determining an applicant’s eligibility for Medi-Cal. If an applicant’s assets, such, as bank accounts, exceed the Medi-Cal limits they are determined ineligible. Starting
July 8 , 2022, California will increase the asset limit to $130,000 for an individual, $165,000 married couples and $65,000 for each additional family member. Thankfully, these changes will expand access to Medi-Cal and improve access to benefits for Californians currently on Medi-Cal. It is anticipated that the asset test will be completely eliminated, but not earlier that January 1, 2024.