Your eligibility for Medicaid is determined, in part, by the 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 your assets and is extremely low — $2,000 for an individual and $3,000 for a married couple who are both applying. Some assets are exempt, including your primary residence (up to a specific equity limit); however, it is very easy to exceed the asset limit if you failed to plan ahead.