Current through December 10, 2024
Rule 23-103-1.4 - Resource LimitsA. Federal law establishes a limit on the value of resources an individual or couple may own and still be eligible for Medicaid.B. Countable resources must not exceed the limit in effect for the applicable time period.C. Beginning 07-01-2000 ongoing: 1. The individual limit is $4,000; and2. The couple limit is $6,000. a) The increased limits above are applicable to most coverage groups subject to liberalized resource policies.23 Miss. Code. R. 103-1.4
Social Security Act §1902 (r)(2); 42 CFR §435.601(b).