For those who are receiving SSI or nursing home Medicaid, there are new numbers to know for 2017. SSI is Supplemental Security Income which is a stipend paid to those individuals who are low-income and are either 65 or older, blind or disabled. The maximum benefit increased in 2017 from $733 per month to $735 per month.
If you are an individual who receives benefits for nursing home care (or in-home or assisted living care), you cannot qualify for Medicaid unless your income is below the income cap amount of $2,205 per month for 2017. The asset limit for nursing home Medicaid recipients is still $2,000. However, there was a slight increase in the assets the community spouse may keep. The Community spouse resource allowance for 2017 is $120,900 (increased from $119,220).
Do you have questions about SSI or nursing home Medicaid? Want a further explanation for the new numbers for Medicaid in 2017? Attorneys Laurie Ohall and Dana Kemper would be happy to talk to you. They offer a free 15 minute telephone call to discuss general information and questions. Please contact us or call the office at 813-438-8503 to schedule a complimentary phone consultation.