Unexpected News Flash – INCREASED NY Medicaid 2023 Threshold Figures Have Been Released

2023 Updated Quick Reference Chart for New York Medicaid Levels

On February 14, 2023, New York’s Medicaid office released new relevant figures for 2023.  No information was provided about why some of the figures have changed.

Our Updated Quick Reference Chart shows the most important threshold levels.

Key Information:

• • Asset (“Resource”) Eligibility Levels – INCREASED
  • Maximum Home Equity that does not count towards Resources – UNCHANGED
  • Income Eligibility Levels – INCREASED
  • “Regional Rates” used to calculate the Nursing Home Penalty Period – UNCHANGED

These changes will affect people who deposit money into a Pooled Income Trust account each month.  More information will be posted soon.

Click on the link below for a printable version of the chart:

Updated Medicaid-Quick-Reference-Chart-2023