One vehicle of any value, used for transportation. For an individual applicant aged 65 or older, the limit for countable resources in 2024 is capped at $2,000, which includes items like bank accounts, stocks, and bonds while excluding a primary residence, personal belongings, and one vehicle.
Texas Medicaid Over 65 Coverage Requirements and Eligibility
While Medicaid is a joint federal and state program designed to provide health coverage for individuals with limited income and resources, each state operates its own version with distinct rules, and Texas maintains some of the most specific criteria in the nation. Community Spouse Resource and Income Protections Protection Category Key Details for Texas Residents Minimum Monthly Income Allowance Set by federal methodology to cover basic living costs for the community spouse.
Therefore, if you are 65 or older, you automatically meet the age criterion, but you must still satisfy strict financial tests regarding countable resources and monthly income. Personal belongings and household furnishings.
Texas Medicaid Over 65 Coverage Requirements
Financial Requirements That Work Alongside Age Meeting the age limit for Medicaid in Texas is only one part of the eligibility puzzle, as financial criteria are equally important and strictly enforced. Burial plots and funeral contracts for yourself, your spouse, or your dependent children.
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