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Elder Law of Louisville's Blog

Tuesday, December 6, 2011

2012 Medicaid Adjustments

Kentucky Medicaid has announced cost of living adjustments to a few of its numbers. 

At the beginning of 2012, Community Spouses will have a new minimum Community Spouse Resource Allowance (CSRA) of $22,728.  The new maximum CSRA will be $113,640.  Currently, the maximum CSRA is $109,560.  The CSRA is the amount of assets Medicaid will allow a Community Spouse to keep.

Also, Kentucky Medicaid will now exempt $525,000 of home equity in the primary residence.

Starting July 1, 2012, Community Spouses will also have a new Maximum Monthly Maintenance Needs Allowance (MMMNA) of $2,841 per month.  Until then, the MMMNA remains $1,828.75.  The MMMNA is the maximum amount of monthly income Medicaid will allow a Community Spouse to keep from the Institutionalized Spouse, if the Community Spouse does not have enough of his/her own income.

 


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The attorneys of Elder Law of Louisville (formerly Walsh & Wilson, PLLC) assist clients in Louisville, Kentucky and surrounding counties of Jefferson, Oldham, Shelby, Spencer, and Bullitt. Our Office also serves Southern Indiana and the towns of New Albany, Jeffersonville, and Clarksville.



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