Dementia is a general term that refers to severe memory loss and problems with thinking,…
Commencing January 1, 2017, there are new Medicaid amounts reflecting medicaid eligibility. This is the fourth of a four-part series of updates for 2017.
|2017 Asset and Income Allowances (unchanged from 2016)||One Person||Two People|
|Income Level *including $20 unearned income disregard||$ 845||$ 1,229|
|Medicaid Resource Level||$ 14,850||$ 21,750|
|2017 Medicaid Transfer Rates for Nursing Home Care||Monthly Rates|
|Nassau and Suffolk Counties||$ 12,811|
|New York City||$ 12,157|
|Northern Metropolitan Area||$ 12,198|
|2017 Community Spouse Allowances||Community Spouse|
|Maximum Monthly Maintenance Needs Allowance – MMMNA||$ 3,022.50|
|Maximum Community Spouse Resource Allowance – CSRA
*greater of: $74, 820 or 1/2 of the married couple’s resources, not to
exceed $120,900 (excluding residence)
|2017 New York Homestead Exemption||$ 840,000|
To download the pdf version of this chart, click here.