Happy New Year! We wanted to keep you updated with the 2019 eligibility figures for Medicaid and Supplemental Security Income (SSI). The resource limit for a single person stays the same ($2,000) for SSI and long term care Medicaid programs. For a spouse at home of a person qualifying for long term care Medicaid (often referred to as the "community spouse"), the resource limit has increased to $126,420. The income limit (maximum Federal benefit rate) for SSI is now $771 per month which then makes the Medicaid income limit $2,313 (always 3 times the SSI limit). Medicare Part B monthly premiums have increased. According to www.medicare.gov, the standard Part B premium amount will be $135.50 per month. However, most people will pay less. The monthly personal needs allowance for people on Medicaid in a nursing home remains at $130. Finally, the home equity exclusion for Medicaid eligibility went up to $585,000. For a chart of these figures click here.