Disclaimer: With Medicaid, VA, and insurance regulations frequently changing, past blog posts may not be presently accurate or relevant. Please contact our office for information on current planning strategies, tips, and how-to's.
The Center for Medicaid and CHIP Services (CMCS) has released the 2022 Supplemental Security Income (SSI) and Spousal Impoverishment Standards. Beginning in January 2022, these standards will take effect for SSI and Medicaid program beneficiaries. When it comes to Medicaid planning for long-term care, here are the relevant figure updates for 2022:
Monthly Maintenance Needs Allowance (MMNA)
Minimum MMNA: $2,177.50 ($2,721.25 for Alaska, $2,505 for Hawaii)
Maximum MMNA: $3,435
Community Spouse Resource Allowance (CSRA)
Minimum CSRA: $27,480
Maximum CSRA: $137,400
Community Spouse Monthly Housing Allowance: $653.25 ($816.38 for Alaska, $751.50 for Hawaii)
Home Equity Limits
Minimum: $636,000
Maximum: $955,000
Read the full release from CMCS.
READ MORE