Medicaid Asset Allowances

Year 2023

Medicare Key Metrics

Medicare Standard Part B Premium:
$164.90
Medicare Co-Payment:
$0.00
Skilled Nursing Facility (SNF):
$200
Income Limit
$2,742.00
RESOURCE ALLOWANCE
Individual
$1,600.00
Couple
$1,600.00
(*When both spouses apply for Medicaid)
per spouse*
MONTHLY PERSONAL NEEDS ALLOWANCE (PNA)
Nursing Home Resident
$75.00
SPOUSAL IMPOVERISHMENT
min
max
Monthly Maintenance Needs Allowance
$2,465.00
$3,715.50
Community Spouse Resource Allowance
$50,000.00
$148,620.00
HOME EQUITY LIMITS
Maximum
$1,033,000.00
DIVESTMENT PENALTY DIVISOR
Per month
$14,524.00
IRREVOCABLE BURIAL
$10,000.00
Income Limit
$2,742.00
RESOURCE ALLOWANCE
Individual
$2,000.00
Couple
$3,000.00*
(*When both spouses apply for Medicaid)
MONTHLY PERSONAL NEEDS ALLOWANCE (PNA)
Nursing Home Resident
$160.00
SPOUSAL IMPOVERISHMENT
min
max
Monthly Maintenance Needs Allowance
$2,465.00
$3,715.50
Community Spouse Resource Allowance
$29,724.00
$148,620.00
HOME EQUITY LIMITS
Maximum
$688,000.00
DIVESTMENT PENALTY DIVISOR
$10,809.00 ($3348.67/day)
Income Limit
$2,742.00
RESOURCE ALLOWANCE
Individual
$2,000.00
Couple
$4,000.00*
(*When both spouses apply for Medicaid)
MONTHLY PERSONAL NEEDS ALLOWANCE (PNA)
Nursing Home Resident
$70.00
SPOUSAL IMPOVERISHMENT
min
max
Monthly Maintenance Needs Allowance
$2,465.00
$3,715.50
Community Spouse Resource Allowance
$29,724.00
$148,620.00
HOME EQUITY LIMITS
Maximum
$688,000.00
DIVESTMENT PENALTY DIVISOR
$9,584.00 ($309.16/day)
Income Limit
$2,742.00
RESOURCE ALLOWANCE
Individual
$2,000.00
Couple
$3,000.00*
(*When both spouses apply for Medicaid)
MONTHLY PERSONAL NEEDS ALLOWANCE (PNA)
Nursing Home Resident
$52.00
Assisted Living Resident
$116.35
MINIMUM ROOM AND BOARD FOR ASSISTED LIVING FACILITIES
$816.70
SPOUSAL IMPOVERISHMENT
min
max
Monthly Maintenance Needs Allowance
$2,117.50
$3,435.00
Community Spouse Resource Allowance
$29,724.00
$148,620.00
HOME EQUITY LIMITS
Maximum
$688,000.00
DIVESTMENT PENALTY DIVISOR
$7,167.00 ($231.00/day)
Income Limit
$2,742.00
RESOURCE ALLOWANCE
Individual
$2,000.00
Couple
$3,000.00*
(*When both spouses apply for Medicaid)
MONTHLY PERSONAL NEEDS ALLOWANCE (PNA)
Nursing Home Resident
$50.00
Assisted Living Resident
$116.35
MINIMUM ROOM AND BOARD FOR ASSISTED LIVING FACILITIES
$816.70
SPOUSAL IMPOVERISHMENT
min
max
Monthly Maintenance Needs Allowance
$2,117.50
$3,715.50
Community Spouse Resource Allowance
29,724.00
$148,620.00
HOME EQUITY LIMITS
Maximum
$688,000.00
DIVESTMENT PENALTY DIVISOR
$7,786.35($251.17/day)
Income Limit
$2,742.00
RESOURCE ALLOWANCE
Individual
$2,000.00
Couple
$3,000.00*
(*When both spouses apply for Medicaid)
MONTHLY PERSONAL NEEDS ALLOWANCE (PNA)
Nursing Home Resident
$93.00
SPOUSAL IMPOVERISHMENT
min
max
Monthly Maintenance Needs Allowance
$2,465.00
$3,715.50
Community Spouse Resource Allowance
$29,724.00
$148,620.00
HOME EQUITY LIMITS
Maximum
$688,000.00
DIVESTMENT PENALTY DIVISOR
$10,190.00 ($328.70/day)
Income Limit
$2,742.00
RESOURCE ALLOWANCE
Individual
$2,000.00
Couple
$3,000.00
MONTHLY PERSONAL NEEDS ALLOWANCE (PNA)
Nursing Home Resident
$72.80
SPOUSAL IMPOVERISHMENT
min
max
Monthly Maintenance Needs Allowance
$2,288.75
$3,715.50
Community Spouse Resource Allowance
$148,620.00
HOME EQUITY LIMITS
Maximum
$1,033,000.00
DIVESTMENT PENALTY DIVISOR
Per month
$12,810.00 ($427.00/day)
IRREVOCABLE BURIAL AT
$10,000.00
Income Limit
$2,742.00
RESOURCE ALLOWANCE
Individual
$5,742.00
Couple
$11,452.00*
(*When both spouses apply for Medicaid)
MONTHLY PERSONAL NEEDS ALLOWANCE (PNA)
Nursing Home Resident
$50.00
SPOUSAL IMPOVERISHMENT
min
max
Monthly Maintenance Needs Allowance
$2,465.00
$3,715.50
Community Spouse Resource Allowance
$29,724.00
$148,620.00
HOME EQUITY LIMITS
Maximum
$688,000.00
DIVESTMENT PENALTY DIVISOR
$6,983.00 ($225.25/day)
Income Limit
$2,742.00
RESOURCE ALLOWANCE
Individual
$2,000.00
Couple
$3,000.00*
(*When both spouses apply for Medicaid)
MONTHLY PERSONAL NEEDS ALLOWANCE (PNA)
Nursing Home Resident
$50.00
Assisted Living Resident
$135.80
MINIMUM ROOM AND BOARD FOR ASSISTED LIVING FACILITIES
$816.70
SPOUSAL IMPOVERISHMENT
min
max
Monthly Maintenance Needs Allowance
$2,465.00
$3,715.50
Community Spouse Resource Allowance
$29,724.00
$148,620.00
HOME EQUITY LIMITS
Maximum
$1,033,000.00
DIVESTMENT PENALTY DIVISOR
$11,921.67 ($384.57/day)
RESOURCE ALLOWANCE
Individual
$30,182.00
Couple
$37,902.00*
(*When both spouses apply for Medicaid)
MONTHLY PERSONAL NEEDS ALLOWANCE (PNA)
Nursing Home Resident
$50.00
MINIMUM ROOM AND BOARD FOR ASSISTED LIVING FACILITIES
$1,677.00
SPOUSAL IMPOVERISHMENT
min
max
Monthly Maintenance Needs Allowance
$3,715.50
Community Spouse Resource Allowance
$74,820.00
$123,600.00
HOME EQUITY LIMITS
Maximum
$1,033,000.00
DIVESTMENT PENALTY DIVISOR
Ranges varying by county
$11,726.00 - $14,142.00 per month
Income Limit
Nursing Home
N/A
Community/Home Care
$2,742.00
RESOURCE ALLOWANCE
Above $2,742.00
can keep $2,400.00
Below $2,742.00
can keep $8,000.00
MONTHLY PERSONAL NEEDS ALLOWANCE (PNA)
Skilled Nursing Facility
$45.00
SPOUSAL IMPOVERISHMENT
min
max
Monthly Maintenance Needs Allowance
$2,465.00
$3,715.50.00
Community Spouse Resource Allowance
$29,724.00
$148,620.00
HOME EQUITY LIMITS
Maximum
$1,033,000.00
DIVESTMENT PENALTY DIVISOR
Per month
$11,921.67 ($384.57/day)
Income Limit
$2,742.00
RESOURCE ALLOWANCE
Individual
$2,000.00
Couple
$4,000.00*
(*When both spouses apply for Medicaid)
MONTHLY PERSONAL NEEDS ALLOWANCE (PNA)
Nursing Home Resident
$40.00
SPOUSAL IMPOVERISHMENT
min
max
Monthly Maintenance Needs Allowance
$2,465.00
$3,715.50
Community Spouse Resource Allowance
$29,724.00
$148,620.00
HOME EQUITY LIMITS
Maximum
$688,000.00
DIVESTMENT PENALTY DIVISOR
$11,085.00 ($357.58/day)