Medicaid Releases Updated 2013 Numbers

The Medicaid numbers for 2013 were recently updated.

For a nursing home Medicaid recipient with a spouse living in the community, the numbers are as follows:

Community Spouse Monthly Income Allowance:

Minimum Monthly Maintenance Needs Allowance: $1,892

Maximum Monthly Maintenance Needs Allowance: $2,898

 

Community Spouse Asset Allowance:

Minimum Community Spousal Resource Allowance: $23,184

Maximum Community Spouse Resource Allowance: $115,920

Excess Shelter Standard: $568

Standard Utility Allowance: $456

 

For the nursing home resident, the numbers are:

Monthly Personal Needs Allowance: $40

Resource Allowance for an Individual: $1,500

 

For purposes of calculating the penalty for gifts made within five years, the number is as follows:

Average Private Pay Rate: $6,114

(In general, this means that for every $6,114 given away within the last five years, one month of nursing home coverage will be forfeited.)