SPEAK TO SOMEONE TODAY
856-857-6007
Phone Icon
Phone Icon

New Medicaid and Medicare Figures for 2023

Posted on:

For those individuals receiving SSI or Medicaid, the Centers of Medicare and Medicaid Services (CMS) has released its SSI and Spousal Impoverishment Standards for 2023. The official spousal impoverishment allowances for 2023 are as follows:

  • Minimum Monthly Maintenance Needs Allowance (MMMNA): $2,288.75
  • Maximum Monthly Maintenance Needs Allowance: $3,715.50
  • Minimum Community Spouse Resource Allowance: $29,724.00
  • Maximum Community Spouse Resource Allowance: $148,620.00
  • Medicaid Waiver Benefits Income Cap: $2,742.00 per month

The new monthly federal Supplemental Security Income (SSI) payment standards for 2023 is $914 for an individual and $1,371 for a couple.

CMS has also released the new Medicare premiums, deductibles, and co-payments for 2023.

  • Standard Part B premium: $164.90 /month(was $10 in 2022)
  • Part B deductible:$226 ($233.00 in 2022)
  • Part A deductible:$1,600 (was $1,556.00 in 2022)
  • Co-payment for hospital stay days 61-90:$400/day (was $389 in 2022)
  • Co-payment for hospital stay days 91-150: $800/day (was $778 in 2022)
  • Skilled nursing facility co-payment, days 21-100: $200/day (was $194.50 in 2022)

Call 856-857-6007 or complete the Contact us form

Medicaid Blog Posts:

Open Enrollment for Medicare 2020 What You Should Know Open Enrollment for Medicare 2020: What You Should Know

Open enrollment for Medicare begins on October 15 and continues until December 7, 2019. With the date quickly approaching to select your Medicare coverage for 2020, understanding your choices and what

Medicaid Communication No. 17-09 Update

The Division of Medical Assistance and Health Services recently issued a new Med Comm increasing the divisor utilized in calculating a Medicaid applicant’s potential penalty period from the existing

Can I Get Paid For Taking Care Of My Parent Without Jeopardizing Medicaid?

A New York court recently held similar to the New Jersey rule that an agreement needs to be in place between a parent and caregiver child to provide care. Medicaid is the federal government program

NJ Resident Found Eligible For Medicaid Despite Making A Gift And Owning An $80,000 Annuity

In response to a recent New Jersey Administrative Law decision, New Jersey's Medicaid agency held that a Medicaid applicant who made a substantial gift and purchased an annuity to help pay for the