Nj Medicaid Asset Limits 2024. There is also an asset limit and level of care requirement. A new fact sheet, raising the medicaid income limits for older adults and people with disabilities, provides new jersey advocates and policy makers with a roadmap for ending these coverage inequities and advancing health equity for communities of color.

This is because medicaid considers the assets of a married couple to be jointly owned. For an adult to qualify for nj familycare, the total family income must be at or below 138% of the federal poverty level.