Medicare-Medicaid Pay-Down of Assets

State law and regulations impose income and asset limits on persons applying for Medicaid.

State law and regulations impose income and asset limits on persons applying for Medicaid. | State law and regulations impose income and asset limits on persons applying for Medicaid.

State law and regulations impose income and asset limits on persons applying for Medicaid.

A person over the age of 65 is eligible for medical assistance if his or her monthly income is no more than $1,330 for one person, or $1,804 for a married couple. The applicant may not have assets of more than $10,000 per individual or $15,000 per couple.

The period of time that the Department uses to determine whether a penalty for improper transfer of assets will be imposed is called the "look back period."
The look back period is on or after sixty months prior to the first day of the month in which the individual resides in a Residential Care Facility, Cost Reimbursed Boarding Home, or Adult Family Care Home and applies for State-Funded Assistance. Any transfer of assets by the individual within the look back period will be presumed to have been made for the purpose of becoming or remaining eligible for State-Funded Assistance, unless the individual furnishes clear and convincing evidence that the transaction was for some other purpose and that there was no intent at the time to apply for State-Funded Assistance within the foreseeable future.

10-144 C.M.R. §§ 336-1, -7
Medicaid Eligibility Income Chart by State (Updated Mar. 2026)

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