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 & Chip Services (CMCS) has released the updated Supplemental Security Income (SSI) and Spousal Impoverishment Standards effective July 1, 2018. Beginning in July, most states will experience changes in their spousal impoverishment standards, divestment penalty divisors, and more. The federal changes are as follows:
Minimum Monthly Maintenance Needs Allowance:Â $2,057.50 (All states except Alaska and Hawaii)
- Alaska:Â $2,572.50
- Hawaii:Â $2,366.25
Community Spouse Monthly Housing Allowance:Â $617.25 (All states except Alaska and Hawaii)
- Â Alaska:Â $771.75
- Hawaii:Â $709.88
The full updated list of 2018 SSI and Spousal Impoverishment Standards may be found here.
Over the next several weeks, state Medicaid agencies will release their specific updates to their Medicaid planning figures. Members of our office will continue to research these items diligently and will provide them on our website through our Agent Access portal.
If you’re not already a member of our Agent Access portal, we strongly recommend creating an account. Creating an account for Agent Access is quick and easy and gets you access to our entire suite of Agency eAcademy webinars, instant updates to state-specific figures, early access to special promotions and the opportunity to purchase exclusive training videos.
