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Helping Families
Make The Pieces Fit
And Maintaining The Highest Quality Of Care
 
Plaza Suites, #304
1207 Delaware Avenue
Buffalo, New York
14209-1401
Phone: (716) 884-3277
FAX: (716) 885-9127
Email: TFLaping@aol.com
www.wnycaremanager.com

 

 

   

Toby Laping Associates
Senior Care Connection

www.WNYCareManager.com

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  This web page was last updated on 5/30/08
   

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Important information on the Deficit Reduction Act of 2005 (DRA 2005) (click here)

   
 

2008 Medicaid Resource Levels
& Monthly Income Allowances

(Compliments of Toby Laping Associates Senior Care Connection)

   

Lookback Period & Penalty for Transfers of Assets:
With the passing and signing of the Deficit Reduction Act (DRA) of 2005 on February 8, 2006 there are several significant changes to Medicaid.  Among them, phasing in an extension of the lookback period to 5 years and the legislation includes language making significant changes to the treatment of asset transfers made after the date the legislation was signed into law.

 

Nursing Home Medicaid:
(2008 penalty 1 month for every $7,066 for transfers made & new rules as of 2/8/06).

 

 

Resources  (single/applicant)

$ 13,050 effective 4/1/08 (was $ 4,350)

 

 

Resources  (community spouse)

(Based on resources at the time of institutionalization)

$ 74,820 - $ 104,400

 

 

Monthly Income  (single/applicant)

$ 50

 

 

Monthly Income  (spouse)

$ 2,610

 

CASA/Long-Term Home Care Program: 
(2008 penalty 1 month for every $7,066 for transfers made & new rule as of 2/8/06).Need a MADD form.

 

 

 

Resources  (single/applicant)

$ 13,050 effective 4/1/08 (was $4,350)

 

 

Resources  (spouse)

(Based on resources at the time of institutionalization)

$ 74,820 - $104,400

 

 

Monthly Income  (single/applicant)

$ 745

 

 

Monthly Income (applicant w/spouse)

$ 200

 

 

Monthly Income  (community spouse)

$ 2,610

 

Community/General Medicaid & Assisted Living Program (ALP) (no penalty for transfers):

 

 

 

Resources  (single/applicant)

$ 13,050 effective 4/1/08 (was $4,350)

 

 

Resources  (couple)

$19,200 effective 4/1/08 (was $6,400)

 

 

Monthly Income  (single/applicant)

$ 745 (community)
    Monthly Income  (single/applicant)
$ 164
(ALP resident)

 

 

Monthly Income  (couple)

$ 1,087

We can assist you in navigating through the maze of applying for services.  Understanding the differences between the various levels and types of services can be confusing.  Evaluating and selecting the right choice can be difficult.  We can help.