Is medicaid under the ACA subject to the assets test

Factual Questions
1

I know medicaid had a provision where you couldn’t have more than 2k in assets to quality. Has this changed under the ACA?

If you are unemployed and on medicaid via the ACA, but you have 300k in savings (retirement, personal, home equity, etc) are you required to liquidate any of that?

2

My understanding is there is no such requirement as you claim. It has to do with income (or lack of) for the year. This would include investment and interest income however.

3

IIRC, the $2K asset limit applied to “Foodstamps” (whatever the current name of the program).

4

Supplemental Nutritional Assistance Program, and it’s not quite as simple as “you have $2,000 worth of stuff, you don’t qualify”.

5

Medicaid Eligibility Financial Requirements — Assets

It also depends on the state. When I went with a neighbor for her appointment, in California, they asked how many refrigerators she had. You’re allowed one.

Also, How Can I Safely Transfer My Assets to Get Medicaid to Pay for Long-Term Care?

6

Yeah but do those rules apply to people just looking for health insurance whose income is 133% or less than the FPL under the ACA? I thought those asset tests were more for things like long term care for the elderly.

7

They used to be for everybody, but it seems to have been eliminated for those who are not in long-term care.