Medicaid 
2011 Medicaid Resource Levels & Monthly Income Allowances
Lookback Period & Penalty for Transfers of Assets:
With the passing and signing of the Deficit Reduction Act (DRA) of 2005 on February 8, 2006 there are several significant changes to Medicaid. Among them, phasing in an extension of the lookback period to 5 years and the legislation includes language making significant changes to the treatment of asset transfers made after the date the legislation was signed into law.
Nursing Home Medicaid:
(Penalty 1 month for every $7,863 transfer make.Old rules apply to transfers made before 2/8/06 & new rules to those made after 2/8/06.)
| Resources (single/applicant) | $ 13,800 |
| Resources (spouse) | $ 74,820 to $109,560 |
(based on resources at the time of institutionalization) |
|
| Monthly Income (single/applicant) | $ 50 |
| Monthly Income (spouse) | $ 2,739 |
CASA/Long-Term Home Care Program:
| Resources (single/applicant) | $ 13,800 |
| Resources (spouse) | $ 74,820 to $109,560 |
(based on resources at the time of institutionalization) |
|
| Monthly Income (single/applicant) | $ 787 |
| Monthly Income (applicant w/spouse) | $ 350 |
| Monthly Income (spouse) | $ 2,739 |
Community/General Medicaid & ALPs:
| Resources (single/applicant) | $ 13,800 |
| Resources (couple) | $ 20,100 |
(based on resources at the time of institutionalization) |
|
| Monthly Income (single/applicant) | $ 787 (community) |
| Monthly Income (single/applicant) | $ 164 (ALP resident) |
| Monthly Income (couple) | $ 1137 |
Download a printable version of the 2011 Medicaid Resource Levels & Monthly Income Allowances - PDF
Download a printable copy of the Deficit Reduction Act of 2005 - PDF
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