Source: Fox News
“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’s budget proposal, written by the California Department of Finance, 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 [sic] as a way to cut Medi-Cal costs.” (05/31/25)