Important Elder Law Numbers: Updated for July 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) |
$2,555.00 /month |
| Community Spouse Maximum Monthly Allowance |
$3,853.50/month |
| Excess Shelter Allowance |
Amount Above $766.50/month |
| SNAP Utility Allowance Used to Figure Excess Shelter Allowance |
$502/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 |
$14,585/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 |
|
