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Gov. Newsom proposes 'asset test' for low-income and disabled Medi-Cal applicants. What does that mean?

  • California Gov. Gavin Newsom proposed reinstating an asset test effective January 1, 2026, to limit Medi-Cal eligibility based on asset ownership.
  • The proposal responds to a budget shortfall caused by rising Medi-Cal costs linked to increased enrollment, pharmacy expenses, and policy changes like the prior removal of the asset test.
  • The asset test would require applicants to have less than $2,000 in assets, including salary, bank accounts, second cars, home value, and retirement funds, or they would be ineligible.
  • Newsom announced the measure could save $94 million in the coming fiscal year and cited that Medi-Cal spending reached $37.6 billion last year with a projected $10 billion increase without changes.
  • Critics warn the asset test would harm seniors, disabled people, and low-income Californians by cutting coverage, while Newsom emphasized the need to balance California's growing budget deficit.
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Governor Gavin Newsom announced a “new asset test” to limit access to the free Medi-Cal. This measure arose in view of the increased costs caused by the medical program. What is the asset test to access the Medi-Cal in California This evaluation seeks to reject those applicants who have assets greater than US$2000. To know this income, the state will be able to evaluate the bank accounts, check if they have a second car or if they have cash.The …

·Buenos Aires, Argentina
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In a new budget proposal, California Governor Gavin Newsom proposed to conduct an "asset check" on all applicants for the California Medi-Cal program in the future, and only applicants with assets of less than $2,000 would be eligible for this benefit.

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calonews.com broke the news in on Friday, May 30, 2025.
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