Important Medicaid Numbers for New York for 2011

 

 

 

Individual Resource Allowance  . . . . . . . . . . . . . . .   $13,800.00

 

Monthly Personal Needs Allowance . . . . . . . .. . . . . . . . . $50.00

 

Minimum Community Spouse Resource Allowance . .    $74,820.00

 

Maximum Community Spouse Resource Allowance .    $109,560.00

 

Maximum Monthly Maintenance Needs Allowance .. .     $2,739.00

 

Resource Allowance for Husband & wife

in Nursing Home . . . . . . . . . . . . . . . . . . . . . . . . . . .   $20,100

 

Divestment Penalty Divisor for Northeastern NY . . . .    $8,323.00

(Includes Albany, Clinton, Columbia, Delaware, Essex, Franklin,

Fulton, Greene, Hamilton, Montgomery, Otsego, Rensselaer,

Saratoga, Schenectady, Schoharie, Warren & Washington counties)

Maximum Home Equity Limit . . . . . . . . . . . .  . . .   $758,000.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Important Medicaid Numbers for New York for 2011

 

 

 

Individual Resource Allowance  . . . . . . . . . . . . .. . . . . . .   $13,800.00

 

Monthly Personal Needs Allowance . . . . . . . . . . . . . . . . . . . . . $50.00

 

Minimum Community Spouse Resource Allowance . .. . . .    $74,820.00

 

Maximum Community Spouse Resource Allowance . .. . .   $109,560.00

 

Maximum Monthly Maintenance Needs Allowance . . . . . . . .     $2,739.00

 

Resource Allowance for Husband & wife in Nursing Home .  . . .    $20,100

 

Divestment Penalty Divisor for Northeastern New York . . . . .    $7,927.00

(Includes Albany, Clinton, Columbia, Delaware, Essex, Franklin,

Fulton, Greene, Hamilton, Montgomery, Otsego, Rensselaer,

Saratoga, Schenectady, Schoharie, Warren & Washington counties)

 

Maximum Home Equity Limit . . . . . .. . . . . . . . . . . . . . . .   $758,000.00