How much can I have in assets to qualify for Medicaid in Saratoga County, NY

Q) How much can I have in assets to qualify for Medicaid in Saratoga County, NY ?

A) Here are the asset limits for Medicaid in Saratoga County, NY in 2023:

• Single: $13,530
• Couple: $27,060

These limits are for countable resources, which are things that can be converted to cash. Exempt resources are things that are not counted, such as:

• Your home
• One car
• Personal belongings
• Burial funds
• Life insurance policies with a death benefit of less than $1,500

If you have more than the asset limits, you may still be eligible for Medicaid if you can show that you are unable to pay for your medical expenses.

You can apply for Medicaid online or by mail. You can find more information on the Medicaid website.

I hope this information is helpful. Please let me know if you have any other questions.