Updated September 5, 2026. Quick answer: Mississippi’s individual Medicaid asset limit for nursing-home and home-and-community-based-waiver applicants is $4,000, twice the $2,000 federal default, and it has been $4,000 since July 1, 2000.
The rule, and the authority behind it
Mississippi Administrative Code Title 23, Part 103 (Resources), Rule 1.4 sets the liberalized figure directly: “Beginning 07-01-2000 ongoing: 1. The individual limit is $4,000; and 2. The couple limit is $6,000.” Rule 1.7 lists which coverage groups get this liberalized limit: Long Term Care, HCBS Waiver, Working Disabled, and Medicare Savings Programs. Mississippi uses Section 1902(r)(2) of the Social Security Act, the authority that lets a state be MORE generous than the SSI-linked default for specified groups, which is the mirror image of the more-restrictive 209(b) authority some other states use.
Twenty-six years unchanged
Unlike Michigan’s or New York’s figures, which are raised most years, Mississippi’s $4,000 limit has been the same dollar amount since 2000, per the rule’s own “beginning 07-01-2000 ongoing” language, with no amendment found this session.
What this page does not confirm
Whether Mississippi runs a separate Medically Needy spend-down program was not confirmed from a primary source this session; the Resources chapter read here covers asset limits specifically, not the state’s broader eligibility pathways.
| Citation | Mississippi Administrative Code, Title 23, Part 103 (Resources), Rule 1.4 and Rule 1.7, “1902(r)(2) Liberalized Resource Policy” |
| What it says | “Beginning 07-01-2000 ongoing: 1. The individual limit is $4,000; and 2. The couple limit is $6,000.” |
This page covers the applicant’s own asset limit. The amount an at-home spouse gets to keep is a separate, usually much larger, figure: see the Mississippi community spouse resource allowance and what happens to a spouse’s money when the other spouse needs a nursing home.
Every citation on this page was read directly from the state’s own Medicaid agency, administrative code, or official eligibility manual this session. General information, not legal or financial advice; a figure this specific can change with a budget cycle or a rule amendment, and a county or state caseworker has the final say on any individual application.