Dementia is a general term that refers to severe memory loss and problems with thinking,…
2017 Medicaid Figures
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) |
$ 120,900 |
| 2017 New York Homestead Exemption | $ 840,000 |
To download the pdf version of this chart, click here.
If you found this information helpful, see previous posts on Medicare, Social Security, and Veterans’ Benefits.
Related Posts
This Post Has 0 Comments