Key Medicaid Planning Information For New Jersey, 2016, what you need to know
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2016 Medicaid Planning Information for New Jersey
Below are the basic guidelines for financial qualification of Medicaid in New Jersey, for proper Medicaid planning in New jersey you'll need to know these figures. Individual Resource Allowance: $2,000 Community Spouse Resource Allowance (CSRA): Minimum $23,844 Maximum $119,220 Monthly Maintenance Needs Allowance: Minimum $1,991.25 [MMNA] Maximum $2,980.50 Income Cap Limit: $2,199/mo – above this must use a QIT Personal Needs Allowance: $35/mo Shelter Standard: $597.38 Utility Allowances: $501.00 New Jersey Medicaid Penalty Divisor: $332.59/day Medicare SNF Co-Insurance: $157.50/day after 20 days Home Equity Limit: $828,000 |
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