Increases the amount of the savings exemption for eligibility for Medicaid

This bill increases New York's Medicaid savings exemption limit from approximately $225,000 to $300,000 for household resources (excluding retirement accounts). It directly affects disabled adults aged 16-64 who meet income and resource criteria, allowing them to retain more savings while qualifying for Medicaid. The key change simplifies the asset limit to a flat $300,000 threshold for one- or two-person households, replacing a previous percentage-based calculation. The policy takes effect January 1, 2026, pending federal funding approval.