Elder Law Numbers

Important Elder Law Numbers:  Updated for January 1, 2024

Supplemental Security Income (SSI) Benefit Standards
Eligible Individual $943/month
Eligible Couple $1,415/month
Medicaid (Oregon)
Asset limit for Medicaid recipient $2,000
Burial account limit $1,500
Long Term Care Income Cap $2,829/month
Community Spouse Minimum Resource Standard $30,828
Community Spouse Maximum Resource Standard $154,140
Community Spouse Minimum Monthly Allowance Standard (MMMNA) $2,465.00 /month
Community Spouse Maximum Monthly Allowance $3,853.50/month
Excess Shelter Allowance Amount Above $739.50/month
SNAP Utility Allowance Used to Figure Excess Shelter Allowance $469/month
Personal needs allowance in nursing home (Note: for some veterans, the personal needs allowance is $90/month.) $77.14/month
Personal needs allowance in community-based care $210/month
Room & board rate for waivered community-based care facilities $733/month
OSIP Maintenance Standard for person receiving in-home services $1,443/month
SSI ony: $965/month
Average Private Pay Rate for Calculating Ineligibility for Transfer of Assets at less than Fair Market Value after October 1, 2022 $10,342/month
Home equity limit for an individual $713,000
OREGON ABLE SAVINGS PLAN  
ABLE account contributions for 2024 are capped at $18,000. The beneficiary can also contribute an additional amount that is the lesser of the beneficiary’s compensation for the tax year or $13,590 (continental US).

  MEDICARE

 Hospital Part A deductible per illness spell $1,632
 Skilled nursing facility co-insurance for days 21–100 $204/day
Part B premium $174.70/month
(Part B premium is higher if adjusted gross income is more than $103,000 single or $206,000 joint return)
 Part B deductible $240/year
 Part D Premium Varies by plan