“2022 SSI and Spousal Impoverishment Standards”

“2022 SSI and Spousal Impoverishment Standards,” Center for Medicaid and CHIP Services  

  

Quote:

“Included with this Informational Bulletin is the 2022 SSI and Spousal Impoverishment Standards chart that displays the new standards. These standards are also available on Medicaid.gov at https://www.medicaid.gov/medicaid/eligibility/spousal-impoverishment/index.html.

States should update their standards in accordance with this information for the provisions that become effective on January 1, 2022.”

 

 

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

Bottom line: more millionaires on Medicaid. The maximum home equity exemption jumped from $906,000 in 2021 to $955,000 in 2022. Sometimes inflation is as kind to wealthy Medicaid LTC applicants as it is brutal to taxpayers. The Community Spouse Resource Allowance (CSRA) that started at $60,000 when the Medicare Catastrophic Coverage Act passed in 1988 will rise to $137,400 for 2022. Likewise, the Maximum Monthly Maintenance Needs Allowance will be $3,435.00, up from $1,500 originally. For more on Medicaid long-term care eligibility and its impact on demand for reverse mortgages and long-term care insurance, read Medicaid and Long-Term Care.