2008 Medicaid Resource & Income Allowances

The New York State Department of Health has issued new resource and income allowances for the year 2008. All figures are effective as of January 1, 2008.

Institutional/Nursing Home Care
Applicant Resource Allowance$13,050.00
Community Spouse Resource Allowance$104,400.00 (maximum)
Applicant Income Allowance$50.00
Community Spouse Income Allowance$2,610.00
Community Based Care (Home Care, etc.)
Applicant Resource Allowance$13,050.00
Community Spouse Resource Allowance$19,200.00
Applicant Income Allowance$725.00
Community Spouse Income Allowance$1,067.00