what are asset limits for nursing home care
Individuals with incomes higher than this can spend down their income to qualify for MA. MA recipients who live in a nursing home must contribute most of their income to the cost of nursing home care. The asset limit is $3,000 for an individual and $6,000 for a couple. Several assets are excluded from the MA asset limit. The MA program specifies how the income and assets of a married couple are treated when one spouse receives long-term care services and applies for MA.