Increases resource threshold limit for certain Medicaid eligibility groups.*

This New Jersey bill increases income and resource thresholds for Medicaid eligibility, primarily affecting older adults, disabled individuals, and those needing long-term care services. It raises the income limit for the Aged, Blind, and Disabled (ABD) program from 100% to 138% of the federal poverty level (from $15,060 to $20,783 annually for an individual). The bill also increases resource limits from current levels ($4,000 for ABD and Medically Needy, $2,000 for MLTSS, $9,090 for Medicare Savings Programs) to $40,000 for individuals and $60,000 for couples. These changes will expand Medicaid access for more New Jersey residents who qualify under these eligibility groups.