Colorado Resources

Colorado Resources
Colorado Statistics
Number of Medicaid Nursing Home Beds20,843
Average Cost of Nursing Home Per Month*$7,892
Percent of Population Aged 65 or Older13.4%
Anticipated Percent of Growth of 65+ Population by 203252%

*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 Spouse Please Log in
Income Regulations
Monthly Personal Needs AllowancePlease Log in
Qualified Income Trust (Miller Trust) StatePlease Log in
Income CapPlease Log in
QIT Gross Income CapPlease Log in
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Spousal Impoverishment Standards
Community Spouse Resource AllowancePlease Log in
Minimum Monthly Maintenance Needs AllowancePlease Log in
Maximum Monthly Maintenance Needs Allowance Please Log in
Shelter StandardPlease Log in
Standard Utility AllowancePlease Log in
Tax-Qualified Annuities
IrrevocablePlease Log in
Non-AssignablePlease Log in
Actuarially SoundPlease Log in
Equal Monthly PaymentsPlease Log in
State as BeneficiaryPlease Log in
Annuity Regulations
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Updated: 10/01/2019