A new rule affects Medicaid nursing home coverage. Starting in 2028, individuals with more than $1 million in home equity will be disqualified.

The cap of $1 million is a key factor in determining eligibility. Notably, this cap does not adjust for inflation.

Further details about this rule and its implications are available from 24/7 Wall St. The change is set to take effect in 2028, and it may impact those seeking Medicaid nursing home coverage.