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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.

Program rules & income limits
  • Published Sep 18, 2026
  • Reviewed Sep 21, 2026
  • 1 min read
A piggy bank and house keys on a table

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.

Programs in this article

MedicaidState-run · Centers for Medicare & Medicaid ServicesMedicaid is free or low-cost health coverage run by each state with federal funding, for children, adults, pregnant people, older adults and people with disabilities.

Official sources

  1. Medicaid.gov - Your Medicaid Questions Answered
  2. Healthcare.gov - Apply for Medicaid

Last reviewed Sep 21, 2026. Found an error? Tell us.

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Program rules & income limits

Researched from official agency sources and checked against our editorial policy.

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