The Center for Medicare and Medicaid Services did not increase the Maximum Community Spouse Resource Allowance or the Maximum Monthly Maintenance Needs Allowances for 2010. This is due to the fact that under the current law, there is no cost-of-living adjustment (“COLA”) for Social Security in 2010. Accordingly, as in 2009, the following are the Medicaid income and asset levels in effect in New York for single and married individuals applying for Medicaid chronic care benefits:
Monthly Income:
Single/Institutionalized Spouse: $50
Community Spouse: $2,739
Assets:
Single/Institutional Spouse: $13,800
Community Spouse: $74,820-$109,560
Similarly, the Department of Veterans Affairs did not increase the compensation and pension rates for 2010.
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