Increases resource threshold for certain Medicaid eligibility groups.

This bill increases the asset limits (resources) that individuals can have while still qualifying for Medicaid coverage in New Jersey. It specifically affects pregnant women, children under 21, seniors (65+), and blind or disabled adults who meet the "medically needy" criteria under current Medicaid rules. The key change raises the asset thresholds: a single person can now hold up to $40,000 in assets (up from previous levels), a couple up to $60,000, and each additional household member adds $20,000. This adjustment aligns New Jersey’s Medicaid rules with updated federal standards, allowing more low-income residents to access health coverage without losing eligibility due to modest savings or property.