Elder Law - Medicaid Planning - Wills - Trusts - Probate - Guardianship

Elder Law - Medicaid Planning - Wills - Trusts - Probate - Guardianship


2007 Medicare and Medicaid Spousal Impoverishment Figures 

Maximum Community Spouse Resource Allowance:
Maximum CSRA is ½ of countable resources or $101,640, whichever is less*
$101,640*
Minimum Community Spouse Resource Allowance:
Minimum is all countable resources up to $25,000. If countable resources are less than $25,000, at snapshot date then the CSRA is limited to the actual countable assets and cannot be increased later
$25,000
Maximum Monthly Maintenance Needs Allowance: $2,541*
Minimum Monthly Maintenance Needs Allowance: $2,541*
Medicaid Institutional Income Cap without Trust: $1,869
Medicaid Income Trust - Maximum Monthly Income: $2,500*
Medicare Part A
Hospital Deductible (Total for Days 1-60) $992
Hospital Co-Insurance (Days 61-90) $248/day
Hospital Co-Insurance (Days 91-150) $496/day
SNF Co-Insurance (Days 21-100) $124/day
Medicare Part B
Deductible: $131/year
Standard Premium:  (if an individual's income is in excess of $80,000, the premium may be more) $93.50/month

* Without legal assistance

WARNING: Understand that these amounts are maximums and minimums without legal assistance. Amazing amounts can be saved through proper legal assistance. Do not evaluate a situation on your own without first discussing in-depth Medicaid planning with a qualified elder law attorney to see how much can be saved. Sometimes the Community Spouse Resource Allowance can be $200,000+ under the right circumstances. (The above information does not constitute legal advice.)

Medicaid amounts are as of 11-1-06 and are subject to change by state law changes.

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