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 MMMNA in Alaska will increase from $2,502 to $2,536.25.
The MMMNA in Hawaii will increase from $2,302.25 to $2,333.75.
The Shelter Standard also increases in all states (except Alaska and Hawaii) from $600.75 to $609.00.
The Shelter Standard in Hawaii will increase from $690.68 to $700.13 and the Shelter Standard in Alaska will increase from $750.75 to $760.88.
Again, these updated figures will go into effect July 1.
Calculating The Updated SSI And Spousal Impoverishment Standards
Section 1924 of the Social Security Act states that the community spouse’s MMMNA shall be adjusted with changes to the federal poverty level and be effective July 1st of each year. Other spousal impoverishment standards, such as maximum community spouse income maintenance allowance and community spouse minimum and maximum resource allowances are adjusted each January 1st.
The community spouse’s monthly housing allowance is calculated based on a percentage of the MMMN. This figure is a basis of determining if the community spouse may have excess shelter allowance and is is also adjusted each July 1st.
These spousal impoverishment standard figures are expected to update again January 1, 2018.
View Your State-Specific Medicaid Planning Figures
The Krause Agency takes pride in being an educational leader in Medicaid Benefit planning industry. We constantly watch for updates and make changes to all figures as soon as we become aware. These changes are immediately included in our state-specific figures which you can view in your Agent Access account.