New York A01043 increases the savings exemption for Medicaid eligibility.

New York A01043 amends the Social Services Law to increase the savings exemption for Medicaid eligibility. The bill raises the allowable savings limit for one and two-person households to $300,000, ensuring these households can qualify for Medicaid. The changes are subject to federal financial participation and will take effect on January 1, 2026.

New York A01043 increases the savings exemption for Medicaid eligibility.

New York A01043 amends the Social Services Law to increase the savings exemption for Medicaid eligibility. The bill raises the allowable savings limit for one and two-person households to $300,000, ensuring these households can qualify for Medicaid. The changes are subject to federal financial participation and will take effect on January 1, 2026.