Along with basic requirements, such as citizenship and residency, your eligibility for Medicaid is determined using income and asset limits imposed by the program. The income limits are tied to the Federal Poverty Level, or FPL. The FPL, in turn, changes each year and is determined by your household size and geographic area. The “countable resources” limit refers to the value of your non-exempt assets. As of 2019, you cannot have countable resources valued at over $1,600 for an individual. Assets such as the equity in your home (up to a maximum amount), a vehicle, and household furnishings do not count toward your countable resources.