Indiana Medicaid is a needs-based healthcare program that covers the cost of long-term care for Indiana seniors and disabled individuals meeting the eligibility requirements. In 2022, a single applicant can have no more than $2,000 in assets and $2,523 in monthly income to qualify; however, many assets do not count toward the limit. For example, exemptions include personal belongings, household furnishings, an automobile, irrevocable burial trusts, and generally one’s primary home (excludes primary residences with home equity interests of up to $636,000).