Bill > S04881

This bill increases the amount of the savings exemption for eligibility for Medicaid from 150% of the income amount permitted under the federal Supplemental Security Income (SSI) program to $300,000. This change applies to both one-person and two-person households. The bill also amends the provision related to disabled individuals at least 16 years of age but under 65, who would be eligible for SSI benefits but for excess earnings, to increase the household resource limit from 150% of the income amount permitted under the SSI program to $300,000. The bill's effective date is January 1, 2025, subject to federal financial participation.

Health and Social Services

https://www.nysenate.gov/legislation/bills/2023/S4881