MEDICAID DESK REFERENCE - ElderLawAnswers



MEDICAID DESK REFERENCE

January 2009

Income Cap

$2,022.00

Social Security Increase

3.3%

Divestment Penalty Divisor

$7,282.00

Resource Allowance: Individual

$2,000.00

Resource Allowance: Couple in Nursing Home

$3,000.00

Monthly Personal Needs Allowance

$35.00

Minimum Community Spouse Resource Allowance (CSRA)

$21,912.00

Maximum Community Spouse Resource Allowance (CSRA)

$109,560.00

Maximum Monthly Maintenance Needs Allowance (MMMNA: July)

$2,739.00

Minimum Monthly Maintenance Needs Allowance (MMMNA: July)

$1,750.00

Shelter Standard

$525.00

Standard Utility Allowances

$411. –heating

$251. – non-heating

$ 29. - telephone

Medicare Premium and Deductible Charges

Part B premium: $96.40/month

Part B deductible: $135.00

Skilled nursing co-pay: $133.50/day (Days 21-100)

Part A deductible: $1,068.00

Co-pay for hospital stay days 61-90: $267/day

Co-pay for hospital stay days 91 and beyond: $534/day

Estate Tax Changes

Federal Estate Tax Exclusion: $3.5 Million

Generation Skipping Transfer Tax Exemption: $2 Million

Estate Tax Rate: 46%

Annual Gift Tax Exclusion: $13,000.00

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