Ten States and D.C. Let Medicaid Applicants Keep Up to $1.13 Million in Home Equity. In 2028, the Ceiling Falls to $1 Million and Stops Rising With Inflation

Medicaid applicants are allowed to retain a significant amount of home equity. Currently, this amount can be as high as $1.13 million.

A change is scheduled to take place in 2028, at which point the maximum allowable home equity will decrease. The new limit will be $1 million.

Further information about this change and the states affected can be found through 24/7 Wall St. The rules regarding home equity and Medicaid eligibility are subject to adjustment over time.