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Next Seminar:

 

Thurs. December 15, 2017

2:00 - 3:30 pm

@

Walnut Creek Library - Oak View Room

1644 N. Broadway

Walnut Creek, CA 94596

 

"How to get Medi-Cal coverage for your nursing home care... without selling your home or leaving your family without a dime... Surprising ways to pay for your assisted living and long term care costs."

Medi-Cal Planning Reference Sheet for 2015

Medi-Cal Financial Information for California in 2015

The State of California has changed some of the Medi-Cal qualification figures and requirements for 2015. A brief listing of these changes and requirements is set forth below:

Community Spouse Resource Allowance (CSRA)
$119,220

This is the amount that the community, or (at home) well spouse can retain in liquid assets. This amount does not include exempt assets, such as the home and qualified accounts, such as IRA’s.

Minimum Monthly Maintenance Needs Allowance (MMMNA)
$2,981

This is the minimum amount of income the well spouse can keep. 

Average Private Pay Rate - Divestment Penalty Divisor - (APPR)
$7,628

This is the amount the State pays to nursing homes on the Medi-Cal program, minus a share of cost by the applicant. This figure is also used to calculate penalty periods of ineligibility for Medi-Cal.

Applicant Resource Allowance
$2,000

The applicant can keep this amount in cash, checking, etc.

Monthly Personal Needs Allowance
$35

The amount of income the ill person is allowed to keep.


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