Tag: Home Equity
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All numbers are effective as of January 1, 2016.
Community-Based Long Term Care/Home Care
***Five (5) year look back rule DOES NOT APPLY ***
| Resource Allowance | $14,850 (individual) |
| $21,750 (couple) | |
| Income Allowance | $825 (individual) |
| $1209 (couple) |
Institutional/Nursing Home Care
*** Five (5) year look back rule APPLIES***
| Resource Allowance | $14,850 |
| Community Spouse Resource Allowance | $74,820 – 119,220 |
| Home Equity Limit | $828,000 |
| Community Spouse MMMNA | $2,980.50 |