To qualify for Florida Long-Term Care Medicaid, an applicant must meet Medicaid's financial eligibility requirements, including limits on countable assets.

For 2026, Florida's asset limits are:
Individual Applicant: $2,000
Couple When Both Spouses Are Applying: $3,000

Not everything you own is necessarily considered a countable asset. Medicaid distinguishes between countable and non-countable assets when determining eligibility.

Countable assets may include funds held in checking and savings accounts, certain investments, retirement accounts, additional real estate, and other financial resources, depending on the individual's circumstances and Medicaid rules.

What Assets May Not Be Counted?

Certain assets may be excluded when Medicaid determines financial eligibility.

Depending on the individual's circumstances, non-countable or exempt assets may include:

• Personal belongings and household items, such as clothing, furniture, and other personal possessions.

• Certain vehicles used for transportation.

• The primary residence, when Medicaid's applicable requirements are met.

• Certain burial arrangements or funds, when they meet Medicaid requirements.

• Certain other assets protected or excluded under Medicaid rules.

The rules surrounding exempt assets can be complex, particularly when a home, retirement account, life insurance policy, property, trust, or other significant financial resource is involved.

Your Home and Medicaid Eligibility

Owning a home does not automatically prevent someone from qualifying for Florida Long-Term Care Medicaid.

A primary residence may be excluded from countable assets when Medicaid's requirements are met. For 2026, Florida's home-equity-interest limit is $752,000 for circumstances in which that limit applies.

Different rules may apply when a spouse or certain qualifying family members continue to live in the home, so each family's circumstances should be evaluated individually.

What If You Are Married?

When one spouse applies for Florida Long-Term Care Medicaid while the other spouse remains living in the community, Medicaid provides spousal impoverishment protections that may allow the community spouse to retain significantly more assets than the individual Medicaid applicant.

For 2026, Florida's Community Spouse Resource Allowance (CSRA) is up to $162,660.

The actual amount that may be protected depends upon the couple's individual circumstances and Medicaid's applicable rules.

Our Florida Medicaid Specialists can help families understand the documentation Medicaid will require when evaluating assets belonging to the applicant and community spouse.

What If Your Assets Are Over the Medicaid Limit?

Having more than $2,000 in countable assets does not necessarily mean that you cannot qualify for Florida Long-Term Care Medicaid.

However, families should be very careful about moving, transferring, gifting, or spending assets simply to try to become Medicaid eligible.

Medicaid & More does not provide legal advice or develop legal Medicaid planning strategies. When assets exceed Medicaid's limits or legal planning may be necessary, we can coordinate a complimentary consultation with a trusted elder law attorney who can review your individual circumstances and recommend appropriate legal strategies for Medicaid eligibility.

While you follow the legal advice of your elder law attorney, our Florida Medicaid Specialists continue working alongside you and the attorney to help carry out the recommended legal strategy. We assist families with coordinating the information, documentation, and steps needed to implement the attorney's recommendations and help ensure the Medicaid application complies with applicable eligibility requirements.

Once the legal documents are completed by the attorney, our team incorporates the appropriate documentation into your Medicaid application packet and submits it to Medicaid as part of the application process.

Learn More About Florida Long-Term Care Medicaid Eligibility