A popular question we often receive is, "If I apply for Medicaid is my home…
Commencing January 1, 2019, there are new Medicaid amounts reflecting Medicaid eligibility.
|2019 Asset and Income Allowances||One Person||Two People|
|Income Level *including $20 unearned income disregard||$ 879||$ 1,287|
|Medicaid Resource Level||$ 15,450||$ 22,800|
|2019 Medicaid Transfer Rates for Nursing Home Care||Monthly Rates|
|Nassau and Suffolk Counties||$ 13,407|
|New York City||$ 12,419|
|Northern Metropolitan Area||$ 12,636|
|2019 Community Spouse Allowances||Community Spouse|
|Maximum Monthly Maintenance Needs Allowance – MMMNA||$ 3,160.50|
Maximum Community Spouse Resource Allowance – CSRA
*greater of: $74, 820 or 1/2 of the married couple’s resources, not to
exceed $126,420 (excluding residence)
|2019 New York Homestead Exemption||$ 878,000|
To download the pdf version of this chart, click here.
If you found this information helpful, see our previous post on Medicare.