NJ Medicaid announces updates to financial eligibility numbers – here’s why it matters
The Medicaid program which pays for nursing home costs and for care in the community is called MLTSS – Medicaid Long Term Services and Supports. An applicant has to meet the specific financial requirements for income and assets (resources). These financial limits get updated every year. Some numbers go up in January, and others in July. This post reviews the numbers that are changing...
New Jersey’s 2023 “Medicaid numbers” have been announced
Each year, certain of the income and resource standards are adjusted for the means-tested Medicaid and SSI programs. If you are considering an application for SSI (Supplemental Security Income) or for Medicaid, or you’re helping someone to apply, you need to be familiar with the numbers. This post discusses the numbers that are going up on January 1, 2023.
What’s MLTSS? The MLTSS...
The 2022 “Medicaid Numbers” you need to know in New Jersey
The NJ Division of Medical Assistance and Health Services (DMAHS) has released Medicaid Communication #22-01 which provides the new numbers that are relevant to applications for Medicaid Long Term Services and Supports (MLTSS) benefits. 22-01_Income_and_Resource_Standards_for_Medicaid_Only (1) MLTSS pays for nursing home care (skilled nursing facilities), Assisted Living Facilities and...
2021 Numbers are Out for New Jersey Medicaid/MLTSS
Some 2021 numbers are now published for New Jersey Medicaid’s MLTSS program. These apply to people who are applying for benefits under the MLTSS/ Medicaid program for long-term care services. These numbers relate to the resource limit for a married applicant and spouse, the income “cap” that would trigger a need to set up a...
Finally! A clear declaration on the snapshot date for NJ medicaid home care applications
When a married person applies for Medicaid benefits to pay for nursing home care (“institutional care”), the first day of the first month of continuous residence in the facility is often referred to as the “snapshot date.” On that date, a “picture is taken” of all of the non-excluded assets owned by the two spouses. A calculation is then made to see if a...
New 2020 NJ Medicaid numbers just released
The NJ Division of Medical Assistance and Health Services (DMAHS) has just released Medicaid Communication #20-01 which provides the new numbers that are relevant to applications for Medicaid Long Term Services and Supports (MLTSS) benefits. 20-01_Medicaid_Only_Standards MLTSS pays for nursing home care (skilled nursing facilities), Assisted Living Facilities and part-time home care...
2015 Medicaid numbers now available
http://medicaid.gov/medicaid-chip-program-information/by-topics/eligibility/downloads/2015-ssi-and-spousal-impoverishment-standards.pdf
Starting January 1, 2015, the Community Spouse Resource Allowance (CSRA) for the community spouse of a married Medicaid applicant is being raised to $119,220 from $117,240.00. This is the amount of countable available resources that the community spouse can...
Medicaid rules enable some spouses to keep extra assets
Did you know that there is a way for low-income community spouses of Medicaid applicants to hold onto extra assets? We have had the opportunity in an array of cases over the years to obtain greater protection for such spouses. Ordinarily, the combined available marital assets must be “spent down” to a certain level before an application for Medicaid can be filed to pay for the...