Many of our referral sources and beneficiaries have inquired as to the effect the recent stimulus checks will have on their or their client’s benefits. The Social Security Administration (SSA) has stated that the stimulus checks will not be considered income for Supplemental Security Income (SSI) recipients. The stimulus checks will be excluded as a resource for 12 months from receipt by the SSI recipient. This is also the case for Florida’s Medicaid programs. More information can be found at ssa.gov/coronavirus . The Department of Children and Families (DCF) is also making accommodations for Medicaid applicants and recipients due to the Corona virus pandemic. A complete list of those accomodations can be found at https://www.myflfamilies.com/covid19/access.shtml . In particular, DCF will maintain eligibility for all current recipients through the end of the state of emergency. Meaning no recipient will lose their benefits during this time. DCF has also extended ce
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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 .