Increases resource threshold for certain Medicaid eligibility groups.

This bill (A2836) increases the asset limits for certain New Jersey Medicaid applicants who qualify as "medically needy." It directly affects low-income residents in specific groups, including pregnant women, children under 21, seniors 65+, and blind or disabled adults, who have higher asset thresholds than standard Medicaid applicants. The key change raises the resource standard for households: for households of three or more people, the limit increases by $20,000 per additional person (from $100 previously), setting new caps at $40,000 for one-person households and $60,000 for two-person households. This adjustment aims to align New Jersey's Medicaid eligibility with federal guidelines and expand access for qualifying residents with modest assets. The bill is currently pending in the Assembly Aging and Human Services Committee.