FAQ · Health Coverage
Does Medicaid have an asset limit?
It depends on your state and which group you belong to. Most Medicaid programs for adults have no asset limit, but some states and some groups do.
Benefits Research Desk
Published Sep 18, 2026 · Reviewed Sep 21, 2026 · 1 min read
The short answer
Most Medicaid programs have no asset limit for adults, but rules vary by state and by which group you're in. Some states still have limits. Your state Medicaid agency can tell you the rule where you live.
Why asset limits matter
An asset limit means Medicaid only covers you if your savings, property, vehicles or other money are below a certain amount. If you have too much, you don't qualify—even if your income is low enough.
The general rule
In most states, Medicaid dropped asset limits for adults in recent years. However, the rules are different for:
- Children and teens
- Pregnant people
- Older adults (usually age 65 and up)
- People with disabilities
Your state may still count assets for these groups. Some states also kept asset limits for all adults.
What to do next
Contact your state Medicaid agency to ask about asset limits in your situation. You can also apply for Medicaid at any time of year through Medicaid.gov or HealthCare.gov, which sends your application to your state. Applying is free, and only your state agency decides if you qualify.
Frequently asked questions
What counts as an asset for Medicaid?
Assets usually mean savings accounts, money market accounts, investment accounts, real estate you own (other than your home), vehicles, and other property. Rules for what counts vary by state.
Can I have a car and still get Medicaid?
In most states, one vehicle doesn't count toward an asset limit. But if you have multiple vehicles or one worth a very large amount, check with your state Medicaid agency.
Does owning a home affect my Medicaid eligibility?
In most states, your primary home does not count as an asset for Medicaid. However, rules vary, so ask your state Medicaid agency to be sure.
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Last reviewed Sep 21, 2026. Found an error? Tell us.
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