Dear Avisery Members,

The Illinois Department of Health and Family Services (HFS) has released the 2023 income and asset limits for their medical programs, including AABD Medicaid and Medicare Savings Program (MSP) that are in effect April 1, 2023.  

Please note, that the asset limit for AABD (Aid the to the Aged, Blind and Disabled) has increased significantly from $2,000 for one person and $3,000 for a couple in 2022 to the 2023 AABD asset limit of $17,500 for a single person household and a household of two. This increase aligns with asset limits of the Community Care Program (CCP). 

The asset limit for the Medicare Savings Programs (MSP) has increased significantly for a household of two. The 2022 asset limit for a household of two was $12,600. In 2023 the asset limit for MSP for a household of two is $15,160. For more information on the 2023 Medicaid income and asset limits, please click here.  

Thank you to the Illinois Senior Health Insurance Program (SHIP) for sharing these updates. Additional information will be sent out as it becomes available. Please let us know if have any questions by emailing avisery@ageoptions.org  

Avisery by AgeOptions provides tools and support to professionals serving older adults and people with disabilities, enabling them to help their clients access healthcare coverage that allows them to thrive as they age. To sign up for our Avisery email list and receive information on upcoming trainings, webinars and more, please click here.