Community Spouse Resource Allowances for 2017

Posted · Add Comment

The cost of care in a nursing home can devastate the lifetime savings of a married couple. In recognition of this problem Congress passed a law in 1988 which was intended to limit the “spousal impoverishment” that can result when one spouse becomes a nursing home resident. Under this Medicaid law, minimum amounts of financial […]

Spousal Impoverishment Allowances for 2016

Posted · Add Comment

The cost of care in a nursing home can devastate the lifetime savings of elderly couples. In 1988, Congress passed a law intended to prevent the “spousal impoverishment” that can result when one spouse becomes a nursing home resident. Under this Medicaid law, minimum amounts of resources and income are protected for a spouse who […]