Medicaid Figures Adjusted (Effective July 1, 2009)

Effective July 1, 2009 the following changes to Connecticut's Medicaid regulations take effect:

The penalty period divisor changes from $9,464 per month to $9,959 per month. Example: a gift of $50,000 results in a Medicaid disqualification period of five months. This figure changes each July 1. Remember-penalty periods now begin not when the gift is made, but in the month that the maker of the gift is in a nursing home and has no other assets.
The minimum monthly needs allowance for the healthy spouse changes from $1,750 per month to $1,821.25. In other words, in a married couple situation, the Community Spouse is allowed a monthly income of $1,821, no questions asked. This is dependent, of course, on the ill and healthy spouses' own fixed incomes being sufficient to produce that amount. This figure changes each July 1.
And the big news is that the Personal Allowance is increased to $69 per month from $65 per month.

The following rules remain in place (these figures change each January 1):

The minimum amount of assets protectable for the Community Spouse remains at $21,912. In other words, if the couple's combined assets are $25,000, the Community Spouse may minimally retain $21,912 without any requirement to justify a need for that amount.
The maximum amount of assets protectable, without a Fair Hearing, for the Community Spouse remains at $109,560. Additional assets may be protected above this amount if there is a demonstrated need.
The maximum monthly income available to the community spouse without exceptional circumstances remains at $2,739.00

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