Posts Tagged ‘resources’

Medicaid income and resource allowances for eligibility change every year. The  numbers effective January 1, 2012 are:

Nursing home resource allowances

Applicant: $14,250

Applicant’s spouse in the community: $74,820-$113,640

Nursing home income allowances

Resident: $50 (plus cost of health insurance, if any)

Spouse in the community: $2,841

Community Medicaid resource allowances

Single care recipient: $14,250

Married care recipient: $20,850 (this includes resources for both spouses)

Community Medicaid income allowances

Single care recipient: $792 (plus $20 if over age 65

Married care recipient: $1,159 (including spouse’s income)

Anyone considering a medicaid application whose income and or resources exceed these figures should consult a knowledgeable attorney.  There are many opportunities to achieve medicaid eligibility when these allowance are exceeded.