Medicaid's CSRA: Protecting a Healthy Spouse from Poverty
WEBOct 3, 2013 · This is the community spouse resource allowance (CSRA), the most that a state may allow a community spouse to retain without a hearing or a court order. The least that a state may allow a community spouse to retain is $30,828 (in 2024). Example: If a couple has $100,000 in countable assets on the date the applicant enters a nursing …
2024 Standard Protections for Spouses of Medicaid Applicants
WEBJan 1, 2024 · In addition to CSRA, the federal government offers another level of protection for the community spouse: the Monthly Maintenance Needs Allowance (MMNA). The MMNA ensures that the healthy spouse who continues to live in the couple’s home maintains a certain amount of monthly income while their partner receives their Medicaid …
Key State Medicaid Information for Massachusetts
WEBCommunity Spouse Resource Allowance (CSRA): Minimum $30,828.00 Maximum: $154,140.00 Increased CSRA: Permitted. Massachusetts follows the income-first rule. Annuities: Actuarially sound annuities are permitted.
Protecting Spouses of Medicaid Applicants: 2023 Guidelines
WEBMar 15, 2023 · Community Spouse Resource Allowance. In 2023, the spouse of a Medicaid recipient living in a nursing home (called the “ community spouse ”) may keep as much as $148,620 without jeopardizing the Medicaid eligibility of the spouse who is receiving long-term care. Known as the community spouse resource allowance (CSRA), this is the …
Key State Medicaid Information for New York
WEBCommunity Spouse Resource Allowance (CSRA): Minimum: $74,820.00. Maximum: $154,140.00. Increased CSRA: Permitted. New York does not follow the income-first rule. Annuities: Actuarially sound annuities are permitted. Monthly …
How Medicaid's "Snapshot" Date Affects Medicaid Eligibility
WEBMar 17, 2022 · On the snapshot date, the Medicaid agency counts the combined assets of an applicant and their spouse, excluding the couple’s house. Then, depending on the state’s CSRA, the agency determines how much the community spouse can keep. If any assets above $2,000 remain, then that money must be spent down before the applicant will …
2020 Standards: Protecting Spouses of Medicaid Applicants
WEBDec 26, 2019 · In 2020, the spouse of a Medicaid recipient living in a nursing home (called the "community spouse") may keep as much as $128,640 without jeopardizing the Medicaid eligibility of the spouse who is receiving long-term care. Known as the community spouse resource allowance or CSRA, this is the most that a state may allow a community …
Key State Medicaid Information for Wisconsin - ElderLawAnswers
WEBTransfers Figure used to calculate transfer penalties: Per Day: $315.61 Per Month: $9,599.80
Elder Law, Medicaid, Estate Planning and Long-Term Care
WEBFeds Simplify and Clarify Various Medicaid Rules for States. Thanks to a new rule recently finalized by the federal government, obtaining and renewing health care coverage under the Medicaid program is set to become easier for millions of Americans. Read more. See All Articles. The Web's Most Trusted Long-Term Care and Planning Resource.
Key State Medicaid Information for New Hampshire
WEBCommunity Spouse Resource Allowance (CSRA): Minimum: $30,828.00 Maximum: $154,140.00 Increased CSRA: No standard policy, but a fair hearing can be obtained. N.H. follows the income-first rule. Annuities: