Gavin Newsom proposes $2,000 asset eligibility test to control soaring state Medi-Cal costs
Story by Brie Stimson • 11h
California Gov. Gavin Newsom is proposing an "asset test" for seniors to prove eligibility for Medi-Cal healthcare benefits for low-income Californians in response to a budget shortfall. To qualify, people would have to possess less than $2,000 in assets to qualify.
The governor said the reasons for the increased costs include "higher overall enrollment, pharmacy costs and higher managed care costs."
In the last 10 years, he said, Medi-Cal costs have increased by $20.5 billion.
Newsom has also proposed freezing new enrollment for adults in the country illegally as a way to cut Medi-Cal costs.
"Some of the most significant contributing factors to this growth are the COVID-19 continuous coverage requirement and the implementation of major policy changes such as the full elimination of the asset test for older adults and the full-scope expansion to all income-eligible Californians, regardless of immigration status," he wrote.
https://www.msn.com/en-us/news/us/gavin-newsom-proposes-2-000-asset-eligibility-test-to-control-soaring-state-medi-cal-costs/ar-AA1FQPFQ?ocid=msedgdhp&pc=HCTS&cvid=5c83ed8cabbf44d9a3e481330e49ef31&ei=24
