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BIG changes for Medicaid in 2023

There is a BIG change on the horizon for asset and income limits for long term care Medicaid recipients.
December 14, 2022
HomeBlogBIG changes for Medicaid in 2023

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:

  2022 2023*
Individual $934.00 $1,677
Couple $1,367.00 $2,268

 

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:

  2022 2023*
Individual $16,800.00 $30,182
Couple $24,600.00 $40,821