Hope you are as excited about the New Year as we are. :o).
ALTCS updates some of their standards every January. As of January 1, 2015, the updated standards are as follow:
ALTCS Individual Standards
$2,199.00—ALTCS Monthly Income Limit
$2,000.00—Resource Limit
MSP Individual Standards
$ 973.00—QMB Income Limit
$ 973.01—$1,167.00—SLMB Income Limit
$1,167.01—$1,313.00— QI-1 Income Limit
Community Spouse Standards
$ 4,398.00—ALTCS Monthly Income Limit*
$ 25,844.00—Initial Resource Limit
$ 23,844.00—Minimum Resource Allowance
$119,220.00—Maximum Resource Allowance
Community Spouse Monthly Income Allowance Standards
$1,967.00—Monthly Spousal Need
$ 591.00—30% deduction from excess shelter expenses
$ 341.00—Standard Utility Allowance
$2,981.00—Maximum Minimum Maintenance Needs Allowance
MSP Spousal Standards
$1,311.00—QMB Income Limit for couples
$1,311.01—$1,573.00—SLMB Income Limit for couples
$1,573.01—$1,770.00—QI-1 Income Limit for couples
Other Standards
$ 109.95—Personal Needs Allowance
$2,199.00—HCBS Personal Needs Allowance
$ 210.00—Home Maintenance Allowance
$ 104.90—Standard monthly Medicare Premium
$ 32.89—Medicare Part D Extra Help Subsidy
