There is a BIG change on the horizon for asset and income limits for long term care Medicaid recipients.
Community-Based Long Term Care Medicaid
Starting January 1, 2023, there will be an increase in the allowable monthly income level, as follows:
Practical Note: The local Department of Social Services will not automatically update a current recipient’s excess income. The update will happen at the scheduled recertification for 2023; however, the recipient can request a change after January 1, 2023.
Community-Based and Chronic (Nursing Home) Medicaid
Additionally, there has been an increase in the asset limit for 2023 for Community-Based and Chronic (Nursing Home) Medicaid recipients: