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What are the Medicaid income and asset limits for home care in New Mexico?

Last verified October 17, 2026 · All New Mexico resources

In New Mexico, the income limit is $2,982/month and the asset limit is $2,000 single. New Mexico's Institutional Care Medicaid had a maximum countable income of $2,982 a month in 2026, with a resource limit of $2,000 for a single person. Home and community-based waivers, including the Disabled and Elderly categories, use the same income and resource limits as Institutional Care Medicaid. For a married applicant entering long-term care, up to $162,660 of the couple's resources can be protected for the spouse at home.

Program Turquoise Care (Medicaid) long-term care: Institutional Care Medicaid and Home and Community Based Waivers, including Community Benefit for Disabled and Elderly
Income limit (single applicant) $2,982/month for a single applicant
How income is counted special income limit (300% SSI)
Asset limit (single) $2,000 single
Look-back period 60 months

What if a married applicant's spouse stays at home?

Federal spousal impoverishment rules protect part of the couple's income and assets for the spouse who stays home. For 2026 the community spouse can keep between $32,532 and $162,660 in assets, depending on the state.

Which programs pay for care at home?

Once someone is financially eligible, home care is usually paid through a waiver or state plan program. See the New Mexico Medicaid waivers that pay for home care.

How to apply in New Mexico (New Mexico Health Care Authority (HCA))

What should you confirm with the state?

Ask the Health Care Authority what options exist if your income is above $2,982 a month.

Sources

More for New Mexico

Medicaid eligibility by state: other states

Related guides

Authorizations

How to Become a Medicaid Provider for Home Care

To bill Medicaid for home care you need a state license, a Type 2 NPI, state Medicaid enrollment and screening, waiver or managed care contracts, EVV and authorizations.

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