Alabama Resources

Alabama Resources
Alabama Statistics
Number of Medicaid Nursing Home Beds26,724
Average Cost of Nursing Home Per Month*$6,279
Percent of Population Aged 65 or Older16.1%
Anticipated Percent of Growth of 65+ Population by 203241%

*Based on Genworth Cost of Care Survey 2018

Asset Regulations
Individual Resource AllowancePlease Log in
Resource Allowance for a CouplePlease Log in
Divestment Penalty DivisorPlease Log in
IRAs Owned by the Institutionalized IndividualPlease Log in
IRAs Owned by the Community SpousePlease Log in
Income Regulations
Personal Needs AllowancePlease Log in
Qualified Income Trust (Miller Trust) StatePlease Log in
Income CapPlease Log in
Spousal Impoverishment Standards
Minimum Community Spouse Resource AllowancePlease Log in
Maximum Community Spouse Resource Allowance Please Log in
Monthly Maintenance Needs Allowance Please Log in
Tax-Qualified Annuities
IrrevocablePlease Log in
Non-AssignablePlease Log in
Actuarially soundPlease Log in
Equal Monthly Payments?Please Log in
State as BeneficiaryPlease Log in
Annuity Regulations
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Updated: 07/01/2019