(I acknowledge with appreciation the Academy of Special Needs Planners website and the resources available to members which I used to compile the following list of links.) PRIMARY SOURCES: Social Security Administration’s Main Page: Social Security Online – The Official Website of the U.S. Social Security Administration Social Security Administration’s “Our Program Rules” compilation of.. read more →
The federal statute concerning the stimulus checks exempts them from being counted as income by any federally funded program like Medicaid or SSI. Further, the checks are not counted as resources in the month of receipt or the following two months.The Center for Medicare and Medicaid Services (CMS) issued a notice on this issue which.. read more →
New Jersey issued updated numbers for calculating Medicaid eligibility in 2008. They are: Minimum Community Spouse Resource Allowance – $20,880.00 Maximum Community Spouse Resource Allowance – $104,400.00 Resource Allowance for an Individual – $2,000.00 Resource Allowance for a Couple (both husband and wife in a nursing home) – $3,000.00 Minimum Monthly Maintenance Needs Allowance through.. read more →
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