2018 SSI and Spousal Impoverishment Standards Update July 1
The Center for Medicaid & Chip Services (CMCS) has released the updated Supplemental Security Income (SSI) and Spousal Impoverishment Standards effective July 1, 2018. Beginning in July, most states will experience changes in their spousal impoverishment standards, divestment penalty divisors, and more. The federal changes are as follows:
Minimum Monthly Maintenance Needs Allowance: $2,057.50 (All states except Alaska and Hawaii)
- Alaska: $2,572.50
- Hawaii: $2,366.25
Community Spouse Monthly Housing Allowance: $617.25 (All states except Alaska and Hawaii)
- Alaska: $771.75
- Hawaii: $709.88
Over the next several weeks, state Medicaid agencies will release their specific updates to their Medicaid planning figures. Members of our office will continue to research these items diligently and will provide them on our website and in our 2018 Krause Report.
Also, be sure to create your free Attorney Access account by going online to www.medicaidannuity.com in order to receive these updates as soon as they’re available. Along with instant updates to your state Medicaid planning figures, you’ll also receive access to our full library of KrauseCAST webinars, early access to training videos, the opportunity to participate in our Medicaid planning forum, and more.