Medicaid Asset Allowances

Year 2020

Medicare Key Metrics

Medicare Standard Part B Premium:
$144.60
Medicare Co-Payment:
$0.00
Skilled Nursing Facility (SNF):
$176.00
Income Limit
$2,349.00*
(*Individuals whose income exceeds $2,349.00 may still be eligible for Medicaid if they utilize a Qualified Income Trust.)
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
$2,113.75
$3,216.00
Community Spouse Resource Allowance
$25,728.00
$128,640.00
HOME EQUITY LIMITS
Maximum
$858,000.00
DIVESTMENT PENALTY DIVISOR
$10,907.04 ($351.84/day)
Income Limit
Nursing Home
N/A
Community/Home Care
(*Individuals whose income exceeds $2,349.00 may still be eligible for Medicaid if they utilize a Pooled Income Trust.)
$2,349.00*
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
$60.00
SPOUSAL IMPOVERISHMENT
min
max
Monthly Maintenance Needs Allowance
$2,113.75
$3,216.00
Community Spouse Resource Allowance
$25,728.00
$128,640.00
HOME EQUITY LIMITS
Maximum
$893,000.00
DIVESTMENT PENALTY DIVISOR
Per month
$13,143.00
IRREVOCABLE BURIAL AT
$10,000.00
Income Limit
Nursing Home
N/A
Community/Home Care
RESOURCE ALLOWANCE
Individual
$2,000.00
MONTHLY PERSONAL NEEDS ALLOWANCE (PNA)
Nursing Home Resident
$72.80
SPOUSAL IMPOVERISHMENT
min
max
Monthly Maintenance Needs Allowance
$2,113.75
$3,160.50
Community Spouse Resource Allowance
$128,640.00
HOME EQUITY LIMITS
Maximum
$893,000.00
DIVESTMENT PENALTY DIVISOR
Per month
$11,383.51
IRREVOCABLE BURIAL AT
$10,000.00
RESOURCE ALLOWANCE
Individual
$15,750.00
Couple
$23,100.00*
(*When both spouses apply for Medicaid)
MONTHLY PERSONAL NEEDS ALLOWANCE (PNA)
Nursing Home Resident
$50.00
MINIMUM ROOM AND BOARD FOR ASSISTED LIVING FACILITIES
$1,464.00
SPOUSAL IMPOVERISHMENT
min
max
Monthly Maintenance Needs Allowance
$3,216.50
Community Spouse Resource Allowance
$74,820.00
$128,640.00
HOME EQUITY LIMITS
Maximum
$858,000.00
DIVESTMENT PENALTY DIVISOR
Ranges varying by county
$9,722.00 to $13,053.00
Income Limit
Nursing Home
N/A
Community/Home Care
$2,349.00
RESOURCE ALLOWANCE
Above $2,349.00
can keep $2,400.00
Below $2,349.00
can keep $8,000.00
MONTHLY PERSONAL NEEDS ALLOWANCE (PNA)
Skilled Nursing Facility
$45.00
SPOUSAL IMPOVERISHMENT
min
max
Monthly Maintenance Needs Allowance
$2,114.00
$3,216.00
Community Spouse Resource Allowance
$25,728.00
$128,640.00
HOME EQUITY LIMITS
Maximum
$893,000.00
DIVESTMENT PENALTY DIVISOR
Per month
$10,623.08