The 2025-26 Budget: Understanding Recent Increases in the Medi-Cal Senior Caseload

Mar 6, 2025 - Assets used in a business ✔ Assets being sold ✔ Assets were not counted if applicant showed they were making a “bona fide effort to sell. ” 2021 ‑22 Budget Package Phased Out Asset Test. The 2021 ‑22 budget package included trailer bill legislation that phased out the asset test for seniors and persons with disabilities.
https://lao.ca.gov/Publications/Report/5010

The 2025-26 California Spending Plan: Health

Oct 16, 2025 - (These asset limits reflect the higher limits that temporarily applied before the asset test was fully phased out in January 2024. Prior to 2021-22, the asset limits were $2,000 per individual and $3,000 per couple.)
https://lao.ca.gov/Publications/Report/5075

The 2026-27 Budget: Medi-Cal Fiscal Outlook

Nov 19, 2025 - Administrative Requirements of Reinstated Asset Limit Could Increase Disenrollments. The exact savings from reinstating an asset limit on seniors and persons with disabilities also is uncertain. At a minimum, the new policy will disenroll affected beneficiaries who possess assets in excess of the new limit.
https://lao.ca.gov/Publications/Report/5092

The 2025-26 Budget: Medi-Cal Fiscal Outlook

Nov 20, 2024 - Specifically, nonexempt assets could not exceed $2,000 for individuals and $3,000 for couples. The 2021 bu dget package raised the asset limit to $130,000 for individuals and $195,000 for couples effective July 2022, and fully eliminated the asset test as of January 1, 2024.)
https://lao.ca.gov/Publications/Report/4941

The 2026-27 Budget: Medi-Cal Analysis

Mar 2, 2026 - Other solutions included partially restoring the asset test for seniors and persons with disabilities, ending coverage of anti ‑obesity drugs, and ending supplemental payments for dental services in Medi ‑Cal.
https://lao.ca.gov/Publications/Report/5146

Considering Medi-Cal in the Midst of a Changing Fiscal and Policy Landscape

Oct 24, 2025 - The Centers for Medicare & Medicaid Services (CMS) previously adopted two rules intended to streamline eligibility and enrollment processes, such as by verifying income and assets using electronic data.
https://lao.ca.gov/Publications/Report/5083

The 2021-22 Spending Plan: Health

Oct 22, 2021 - Temporarily Relaxes and Then Eliminates Medi-Cal Asset Limits for Seniors and Persons With Disabilities. Currently, seniors and persons with disabilities ’ Medi-Cal eligibility depends on their having nonexempt assets of lesser or equal value to the asset limit.
https://lao.ca.gov/Publications/Report/4465

The 2022-23 Budget: Medi-Cal Fiscal Outlook

Nov 17, 2021 - The elimination of the asset test for determining Medi ‑Cal eligibility (which will result in General Fund costs of $200 million in 2022 ‑23). $780 million General Fund in 2022 ‑23 to implement the California Advancing and Innovating Medi ‑Cal (CalAIM) initiative (an increase of $150 million above the 2021 ‑22  level). $180 million General Fund in 2022 ‑23 to extend postpartum
https://lao.ca.gov/Publications/Report/4474

The 2019-20 Budget: Undoing California’s Outstanding Budgetary Deferrals

Mar 26, 2019 - STO invests these funds in safe, short-term assets, like U.S. Treasuries, and so the investment return is low —currently slightly above 2  percent. These investment returns generate revenue for the General Fund.
https://lao.ca.gov/Publications/Report/3988

The 2022-23 Budget: Analysis of the Governor’s Major Behavioral Health Proposals

Mar 3, 2022 - Trailer bill language could specify how bridge housing should be targeted to meet immediate needs, as well as how assets purchased under the program should be maintained to provide ongoing options. As there likely is a need for ongoing bridge housing supports, statute could lay out  the Legislature ’s longer ‑term vision for this  intervention.
https://lao.ca.gov/Publications/Report/4569