As of January 1, 2016 Medicaid Income and Resources Allowances will increase as follows:
INSTITUTIONALIZED INDIVIDUALS
Resource Allowance:
$ 14,850.00
Income Allowance:
$ 50.00
Maximum Community Spouse Resource Allowance:
$ 119,200.00
Community Spouse Income Allowance:
$ 2,980.50
INDIVIDUALS IN THE COMMUNITY
Single Individual Resource Allowance:
$ 14,850.00
Married Couple Resource Allowance (Both Applying)
$ 21,750.00
Individual Income Allowance:
$ 825.00
Married Couple Income Allowance (Both Applying)
$ 1,209.00